REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 600,000
Est. payment | /mo
4,250 SqFt
$ 600,000
Est. payment | /mo
4,250 SqFt
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 4,250 sqft
Price per Sqft $141
MLS Listing ID R1522954
Construction Status Existing
HOA Y/N No
Year Built 2004
Annual Tax Amount $5,704
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 320X592
Property Description
The Octagon Motel is a classic American motor inn, and one of the only traditional lodging options for many miles. This well-maintained motor inn has solid bookings year-round. Situated in a beautiful river valley, there are gorgeous vistas in all directions. Close to the towns of Walton, Hamden, and Delhi, this location serves tourists and working professionals alike. This motel is truly turnkey as there is already a steady income stream. The adjacent 45 acre farmland, and 40 acre historic Octagon Farm are also for sale, and would provide the infrastructure and space for an even more ambitious project. One could easily imagine the whole farm becoming a boutique hotel. There are 10 clean non-smoking rooms, an office, kitchenette, and laundry room. The solar panels on the south side offset your utility costs significantly. No expense has been spared on the infrastructure. The 5 acre lot includes some prime farmland that could host additional motel features. The West Branch River is a short walk from the motel, giving guests a place to fish, swim, and boat during the summer months.
Location
State NY
County Delaware
Area Hamden-123400
Zoning None
Direction Take Route 10 to Route 26.
Interior
Heating Electric, Baseboard
Inclusions Equipment, Land and Building
Fireplace No
Exterior
Roof Type Asphalt
Total Parking Spaces 15
Building
Lot Description Rectangular
Story 1
Sewer Septic Tank
Level or Stories One
Construction Status Existing
Schools
School District Walton
Others
Tax ID 123400-254-000-0001-038-120
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Jewett and Jewett LLC 802-578-0731