$1,599,000

788 Springfield Road, Wilmington, NY 12997

  • 15,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon6.96acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $107/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Nestled in the heart of the Adirondack Mountains, this Adirondack chalet offers a unique investment opportunity. Located in Wilmington, NY on 6.9 acres, just 2 miles from the Whiteface Ski Center and 11 miles from Lake Placid. The area is rich with outdoor activities such as fly fishing, golf, hiking, and access to snowmobiling and mountain biking trails. An outdoor enthusiast's playground! This property presents a unique opportunity, whether you're looking to operate a ready-made business or transform it into a private home. The 11 guest rooms, each furnished with new beds, are currently operating as a motor lodge /or an Airbnb. Guests can enjoy three shared common areas, including leather couches, a masonry wood-burning fireplace, a dining area, a breakfast area, and a game room. The pub, although not currently open, includes a full bar, seating, and restrooms, offering great potential for future use. The Chalet also includes a generous owners quarter's. Several improvements have been made during the current owner's tenure, and a detailed list of upgrades is available upon request. If you're interested in learning more or scheduling a tour, please don't hesitate to reach out.

Listing Status:
Active
Date Added:
February 20, 2025 at 06:00AM
Listing Office:
Century 21 The One : 518-563-7350
Listing Agent:
Patrick Holcombe : 518-593-1111
MLS ID:
203931
  • Appliances: DishwasherGas CooktopMicrowaveOvenRefrigeratorStainless Steel Appliance(s)
  • A/C: Window Unit(s)
  • Heating: BaseboardFireplace(s)Hot WaterOil

This listing courtesy of Patrick Holcombe, Century 21 The One

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lake Placid Elementary School

318 Old Military Rd, Lake Placid, NY, 12946

Grades KG-5

10.50 miles away

L

Lake Placid Junior-Senior High School

34 School St, Lake Placid, NY, 12946

Grades 6-12

9.76 miles away

L

Lake Placid Junior-Senior High School

34 School St, Lake Placid, NY, 12946

Grades 6-12

9.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.