Once in a lifetime opportunity to own one of the premier buildings in Saranac Lake! The Prescott House ADK is a very well maintained, one-of-a-kind, historic building on a large 2.30-acre lot. 19 guest rooms, 4 with private baths, 15 with access to shared baths and two 2BR long-term units with their own baths and kitchens. With a stately, welcoming appeal it has a stellar, high-rated track record as a short-term rental destination. Also perfect for wedding parties, family reunions, hiking trips through the area and so many other opportunities. Huge potential for growth and expansion to larger events with the added advantage of being directly in the heart of Saranac Lake. Located just a few quick blocks from Lake Flower, Moody Pond, Mt. Baker, Main ST, Broadway, several Cafe's, Pubs, Unique Shops, Museums, the Adirondack Carousel, Music in the Parks, and Saturday Farmers Market! Sold turnkey with some items negotiable.
179245
Business Opportunities, Other
Essex
1905
2.3
Acres
Brick, Stone Veneer, Wood Siding
13,352
Sq. Ft.
None
Cable Available, Water Connected
School Information
Saranac Lake
Interior Features
- Cooling
- None
- Heating
- Oil. Hot Water.
- Basement
- Finished, Full
Exterior / Lot Features
- Parking
- Off Street, Parking Lot.
- Exterior
- Brick
- Roof
- Composition
- Lot View
- Trees/Woods
- Lot Dimensions
- 2.30
- Body of Water
- None
- Zoning
- Mixed
- Additional Exterior/Lot Features
- Cul-De-Sac, Paved.
Financial Considerations
32.182-1-19.000
$17,373
1031 Exchange, Conventional
Arrows indicate 90 day trend
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