See Home Value
Lake Placid 12946
6054 Sentinel Road
$1,462,304*
Commercial - Off Market

6054 Sentinel Road

Lake Placid, NY 12946
bedrooms
Studio
bathrooms
0 Bath
square feet
100 Sqft
$900,000 - $1,098,000
Reference Base Price*
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Locally known Prague Motor Inn with 2.70 acres on a highly visible main road with gorgeous views overlooking the Chubb River is being sold for a new owner to enhance the location for a modern hotel or commercial business. Currently renting 13 bedroom suites in 5 buildings, many complete with kitchens. In addition to the main Prague building, there is also a separate home next door that also rents. One of the parcels has a third house for storage or tear down and a vacant lot that all overlook the meandering Chubb River. This level 2.7 acres is larger then the lot the Marriott Courtyard was built on, so it is ideal for another hotel, store or restaurant. Priced below assessed value.

The manager has listed the unit size as 100 square feet.
Unit Size
100Ft²
Days on Market
-
Land Size
2.70 acres
Price per sqft
$9,990
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Nov 3, 2019 No longer available -
No longer available
Apr 26, 2019 Price Decreased $999,000
↓ $296K (22.9%)
Price Decreased
Oct 28, 2018 Listed $1,295,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
-
$1,100,000 Apr 8, 2023
$1,100,000 Apr 10, 2023
$731/mo
Land
Loft
-
-
$899,999 Nov 7, 2023
-
$2,411/mo
Condo
4 Beds
4 Baths
2,564 ft²
$326/ft²
$835,000 Jun 5, 2023
-
$1,039/mo
House
4 Beds
4 Baths
4,010 ft²
$237/ft²
$949,000 Sep 29, 2023
-
$718/mo
Commercial
Loft
-
7,000 ft²
$142/ft²
$995,000 Aug 30, 2018
-
$1,417/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191112
11/12/2019
Loft
-
4274 ft²
$900,000
bedrooms
Loft
bathrooms
-
square feet
4274 ft²
-
-
-
-
20181028
10/28/2018
Studio
-
100 ft²
$1,295,000
bedrooms
Studio
bathrooms
-
square feet
100 ft²
-
-
-
-

Building Info

6054 Sentinel Road 6054 Sentinel Road, Lake Placid, NY 12946
More about this Building
6054 Sentinel Road
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About Lake Placid


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