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Map
$1,462,304*
●
Commercial -
Off Market
6054 Sentinel Road
Lake Placid, NY 12946
Studio
0 Bath
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
4
Beds
3
Baths
-
$1,100,000
Apr 8, 2023
$1,100,000
Apr 10, 2023
$731/mo
In Contract
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 |
---|---|---|---|---|---|---|---|---|
11/12/2019
|
|
Loft
|
-
|
4274 ft²
|
$900,000
Loft
-
4274 ft²
|
-
-
|
-
|
-
|
10/28/2018
|
|
Studio
|
-
|
100 ft²
|
$1,295,000
Studio
-
100 ft²
|
-
-
|
-
|
-
|