For Sale
12508 State Highway 37, Waddington, NY 13694
$749,000
For Sale
12508 State Highway 37, Waddington, NY 13694
$749,000
| 8.7 acres |
11,000 sq ft |
8 buildings |
1 stories |
30 parking |
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Property Description
SELLER IS WILLING TO DO SELLER/OWNER FINANCING! MOTIVATED SELLER! The Riverview of Waddington Motel has been a legendary destination on the St. Lawrence River for generations of travelers, tourists, fishing and boating and outdoor enthusiasts. As all amenities, equipment and supplies are included, this turn-key enterprise can accommodate up to 50 guests at any time providing 12 guest rooms—three of which are long term with kitchenettes, and 6 fully appointed cabins on 8+ acres of woodland in a prime location with some waterfront. At center is the owner''s five bedroom living suite with full kitchen, living area, office and basement with easy access to check-in and management utilities. This well-maintained motor lodge rests prominently alongside the state highway just past Waddington, NY a bustling economy and historical jewel among St. Lawrence river communities. With local freshwater beaches and state parks in easy distance, the Riverview also provides access to both the St. Lawrence river and a 40 acre lake with two docks {one dock per body of water} including complimentary slips for guests and boat renters. The owners have the ability to put 6 more docks on the lake side. There are spacious garages to store boats, kayaks and canoes, while guests have ample room for parking their own boat and trailers on the site. The Riverview is much more than a place to stay year-round. Known for an international clientele the motel provides a welcoming community for new travelers and returning guests who relax, explore, hunt, hike, fish and compete in well-known carp tournaments and the Bass master circuit hosted nearby. As the demand for surrounding land and waterfront continues to increase, so will the need for quality lodging for those who choose to explore the best of what the North Country and the St. Lawrence Seaway has to offer from the Thousand Islands to Montreal. The Riverview Motel is a well established and profitable business, and the next owner will inherit the infrastructure, acreage and economy to expand, thrive and continue well into the future. Don’t miss out on this wonderful opportunity!
Property Summary
| Type | COMMERCIAL / WATERFRONT | MLS # | 50311 |
| Buildings | 8 | Year Built | 1951 (74 years old) |
| Parking | 30 | Est. Taxes | $8,756 |
Features
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Other Information |