1030 Arsenal St, Fort Drum, NY 13601

7 Photos
 
$2,650,000 List Price
Off Market
 
Listing ID 10310310
Property Type Commercial Business
County Jefferson
Township Watertown
School Watertown
Total Tax $72,806
Tax ID 8-0047-101.003 and 8-0007-108.000
FEMA Flood Map fema.gov/portal
Year Built 1987
   
Virtual Tour
A 58-Room Econolodge known as Home away from home of the middle class is offered for sale along with their non franchised 48-Room Adirondack Efficiencies (Total 106 Rooms including 24 kitchenettes) in bustling Watertown NY! Easy access from I-81 exit for Arsenal St, the most busiest area makes it stand out in the crowd! Serving over two million tourists and residents, this automated business could be an entrepreneur's dream if managed efficiently. Minutes away from Fort Drum Military base and Lake Ontario. Well positioned to serve customers to and from Canada, Thousand islands, area Lakes and Casinos! Recent improvements include ceramic tile bath floors, new bed coverlets, LCD TVs, dryers, indoor heated swimming pool, outdoor BBQ grills etc.  Guest Registration building has a 2BR Apartment upstairs for easy management! Plenty of room for expansion on this 5.14 acre parcel! Property was appraised at $3,285,000 in November 2013. Currently offered for $2,650,000 is a steal. Hurry before it's taken! Seller is willing to split the property and sell Adirondack Efficiencies building separately if necessary as follows: 48-Rooms with 24 kitchenettes Adirondack Efficiencies on approximately 2 acres and shared/ deeded drive way for $1,050,000. It is easy to convert to Apartment or Senior Living Facility or Health Care Rehabilitation Center!
Property Details
  • 107 Full Baths
  • 2 Half Baths
  • 45130 SF
  • 5.14 Acres
  • Built in 1987
  • 2 Stories
  • Available 5/01/2016
  • Lower Level: No Access
Interior Features
  • Heat Pump
  • Electric Fuel
  • Natural Gas Fuel
Exterior Features
  • Municipal Water
  • Municipal Sewer
Taxes and Fees
  • $72,806 Total Tax
Previously Listed By
James Fernandez
KELLER WILLIAMS UPSTATE NY PROPERTIES
Office: 607-431-2540
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