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RE/MAX Park Place - NY
(518) 221-2949

1030 Arsenal Street, Watertown, NY 13601

  • $2,500,000

  • MLS#: 107578
  • beds: 21
  • baths: 9
  • half Baths: 1

Listing Presented By

James Fernandez
Keller Williams Upstate NY Properties
(607) 431-2540

Commercial - Watertown, NY

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 2-Room 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 the reduced list price of $2,500,000 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 $985,000. It is very easy to convert to Apartment or Senior Living Facility or Health Care Rehabilitation Center!

  • $2,500,000
  • Commercial
  • MLS#: 107578
  • 21 Bedrooms
  • 9 Full Bathrooms
  • 1 Half Bathrooms
  • Built In: 1987
  • Last Updated: April 5, 2017
  • Posted: September 7, 2016

1030 Arsenal Street, Watertown, NY 13601 MLS#: 107578

1030 Arsenal Street, Watertown, NY 13601 is an bedroom: 21, bathroom: 9 Commercial in Watertown, New York for $2,500,000 with MLS#: 107578 and offered by James Fernandez of Keller Williams Upstate NY Properties. To learn more about 1030 Arsenal Street, Watertown, NY 13601 contact James Fernandez for more information or to request a showing.

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