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presented by our Schroon Lake Office

518-532-7900

 

 

Inventory CO0226

Solid Branding & Name Recognition

Drakes Restaurant is now for sale with a long standing good solid branding

"Drakes Restaurant & Motel"

Virtual Tour (click here)

(Click on pictures to enlarge, or mouse over for narrative)

Grand entrance for the guest. Shown here is the patio dining which is one fo the favorite spots for guests.
The pool is for the motel guests and is very well welcomed. The motel units are nice and affordable fare with pool amenities.
Shown here is the rental cabin which is requested quite often by couples. Side motel unit shown.  The motel is on a separate land parce.
Ready for a full house.  Banquets are a favorite here for the village. Owner on right with his guests.  Look at those smiles.
Full stocked bar. The bar area is small but there are complimentary tables which the guests seem to favor; so the owner hasn't expaned the bar area (yet).
Drakes has a nice compliment of seating room booths, patio dining, formal dining, bar seating and two cozy private bay seating. Nautical decor theme throughout
Patio dining wonderful romantic in the evening. Shown here is the private bay seating area that many families request.
Dishwashing and prep area is shown here The Line!  The owner proudly shows off his updated kitchen.
Ansul system.  Everything is up to code Dessert and prep area.  Clean clean clean
Washing line.
Sampling of the motel rooms - very comfortable and tidy. Family suite
ANother sample of the motel rooms. A single economy room

Solid Revenue Performance and Great Location

Well-known historic restaurant and motel offered in excellent turnkey condition. Solid branding and name recognition with continuous operation for almost 70 years and loyal clientele. Recently updated kitchen with state of the art equipment. Fully automated and integrated POS system with touch screen technology. Solid revenue performance and great location with frontage on US Route 9 and less than 1 mile from Interstate. Currently open Memorial Day to Columbus Day, but can easily become a year-round operation. Close to snowmobile trails and acreage behind motel for possible expansion. 

Amenities includes:   Lot size: 2.62+/- (two lots), 5,500 s/f, built in 1940/49, town water & private septic, 2 attach garages, all furnishings & equipment included, mixed wall treatments (knotty pine, panel, sheetrock), mixed flooring (laminate, wood, vinyl), oil hot air heat (restaurant) and electric heat (motel), metal and shingle roofing (new), wood siding, paved parking, standing signage. Leasing options available (inquire).

 Call List Agent Sharon Piper or your ACHR agent for more information or pictures.   StumbleUpon  Follow AdirondackRE on Twitter

Offered at:  $575,000 USD  

Time by buy low now, and sell high later.  "The Standard-Poor's/Case-Shiller 20-city index of prices has fallen back to where it was in 2003.  Housing prices in Phoenix are at 2000 levels, and Las Vegas is revisiting 1999."  Bloomberg Businessweek, July 2011

Own this working restaurant for ....

 

 
      (now reduced)

 

 

Return to Main Menu

Waterfront

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