MLS#869737
STATUSActive
PROPERTY TYPECommercial - Multiple
Property Description
4-Unit Apartment Building PLUS Rehab Opportunity Motel (11 rooms in the MOTEL and they CANNOT be converted to Apartments) in Scenic Rural Setting on 7.5 acres. This Rare opportunity to acquire a unique income-producing property with tremendous upside potential. This offering includes a fully occupied 4-unit apartment building and an adjacent motel in need of complete renovation-both situated on a spacious lot in a quiet, picturesque rural location. The apartment building features four separate units, each with private entrances, ample parking, and steady rental income. The structure is well maintained, with separate utilities and strong tenant history. Next door, the motel includes multiple rooms, but it requires significant rehabilitation to bring it back to operational status. For the right buyer, this presents an incredible value-add opportunity. Whether converted into updated lodging, extended-stay rentals, or even short-term vacation units, the potential is limitless. With beautiful natural surroundings overlooking the shores of Lake Carmel, convenient road access, and room to expand or reimagine the site, this property is perfect for investors, developers, or entrepreneurs seeking a mixed-use asset in a tranquil setting. This is an excellent opportunity for value-add investment or redevelopment with expansion potential. Rural setting, yet on a well-traveled road with approximately 7,200 cars that pass this unique property per day. Close to Route I-84. Bring your vision and unlock the full potential of this one-of-a-kind property. Great expansion and vision to be repurposed as a Bed and Breakfast or small retail plaza with residential rentals above. Current income in the 4 unit is $66,600 NOT including the Motel that needs work!
Property Features
Property Type: Commercial - Multiple
Basement: None
Cooling: Wall/Window Unit(s)
Heating: Electric, Oil
Lot Size: 7.27 Acres
Stories: 2.0
Taxes: $25,663
Year Built: 1930
Feature Descriptions
Building Area Total: 5983
Business Type: Commercial, Hotel/Motel, Mixed, Other
Days on Site: 300
Exterior: Frame
On Market Date: 2025-06-05
Parcel Number: 372200-033-040-0001-001-000-0000
Parking Features: Parking Lot
Rental Term: Monthly
Sewer: Public Sewer
Special View Info: Water
Utilities: Electricity Connected, See Remarks
Water: Well
Listed By / Shown By
Listing By
Agency Name: Briante Realty Group, LLC
Agency Contact: 845-225-2020
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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541 Route 52, Unit 539 | MLS# 869737
This commercial property located at 541 Route 52, Unit 539, Carmel, NY 10512 is currently listed for sale with an asking price of $999,000. Search Carmel real estate on www.coldwellbankerchoice.com today.