Commercial property consisting of a 12-unit Apartment Building, a Large Single-Family Home, an Office, and a 28-room motel (that is intheprocess of being converted into 16 new apartments). The apartment building is about 50/75% renovated with great tenants, the houseiscurrently vacant but rent-ready, the office is vacant and the motel is under conversion into 16 newly approved apartments. There aretwosections of the Motel, one section is completely gutted and about 75% framed for the new apartments, and the other motel strip has 10originalmotel rooms that could be rented AS-IS and then the last 4 units in that strip are partially gutted. The property is priced for a quick sale.Ownerestimates about $275,000 to complete the property renovation. Income and expense sheet is estimated based on
Property Details
Price:
$1,395,000
MLS #:
202228506
Status:
Active
Baths:
42
Address:
14311 ROUTE 9W
Type:
Commercial
Subtype:
Hotel-Motel
City:
New Baltimore
Listed Date:
Oct 14, 2022
State:
NY
ZIP:
12124
Lot Size:
4 acres
Year Built:
1950

14311 ROUTE 9W
New Baltimore, NY
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- Address14311 ROUTE 9W New Baltimore NY
- CityNew Baltimore
- CountyGreene
- Zip Code12124
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