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For Sale

$2,299,000

5239 NYS Route 86
Wilmington, NY 12997

Sqft 21,000 sqft
This incredible offering is situated on 9.1 acres with 1300 feet on the West Branch of the Ausable River and includes a 22 unit motel with queens, kings and family suites, 2 restaurants, fine dining and pub style, fully equipped fly shop & guide service available, spacious 14 room owner's home with a private fenced in yard. Very well established for over 37 years, family owned and operated, 1 mile from Whiteface Mtn Ski Area, indoor and outdoor dining experiences, Motel amenities include drive-up exterior entrances to the rooms for safe social distancing, a 40,000 gallon newly re-piped swimming pool, kiddie pool, children's play set with a sprawling grassy area for hours of fun! Resort upgrades include a new septic system, new generator, updated kitchen equipment and air exchange system. Being sold turn key, all furniture, fixtures and equipment included in sale. Read More

Market Status
Available
Last Updated
June 15, 2021

Property Type
Commercial Property
Architecture
Waterfront
Year Built
1972
Cable/Satellite TV
Cable Ready
Cooling System
Window Unit(s) A/C
Heating System
Hot Water
Roof
Composition Shingle
Exterior Construction
Asphalt; Wood
Pool
-
Property Type
Commercial; Commercial
Waterfront
-
Mountain View
-
River/Creek/Lake View
-

Local Market Conditions

There are currently 278 properties for sale in the Essex County, NY area with the average listing price of $676,389. This represents an increase of +0.7% over the previous week. The 1 bedroom homes saw the largest increase in the average listing price over the previous week with a +41.9% increase. To learn more about the Essex County, NY area, contact a local expert!

Market Snapshot for Essex County, NY

Avg. Listing Price

$676,389

Wk ending Jun 12

$+4,726

+0.7%

w-o-w

278

30

10

5

5

Average Listing Price for Essex County, NY
No. BedroomsNo. Beds Week Ending
(Jun 12)
w-o-w Week Ending
(Jun 5)
Week Ending
(May 29)
Week Ending
(May 22)
All PropertiesAll $676,389 +0.7% $671,663 $661,718 $658,762
1 bedroom1 BR $91,410 +41.9% $64,439 $63,727 $63,727
2 bedrooms2 BR $227,878 +1.2% $225,069 $220,968 $229,731
3 bedrooms3 BR $422,665 +2.3% $413,329 $413,655 $407,712
4 bedrooms4 BR $786,770 -1.4% $797,803 $801,791 $732,078

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Listing Provided By:

Brenda Goulette

Engel & Volkers Lake Placid Real Estate

Phone
This $2,299,000 Commercial Property at 5239 NYS Route 86 in Wilmington, NY is offered by Brenda Goulette. This $2,299,000 Commercial Property, located in the 12997 zip code, has the following property features: Property Type, Heating System, River/Creek/Lake View, Roof. This 5239 NYS Route 86 Commercial Property is listed under MLS listing number 170589 and has a listing price of $2,299,000. You can find more Wilmington homes for sale here.

Data Provided by Adirondack Champlain Valley MLS

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