159 Purdytown Turnpike, Lakeville, PA 18438 (MLS# SC-1904)
159 Purdytown Turnpike, Lakeville, PA 18438
$715,000
Property Type:
Commercial Sale
Square Footage:
3,920
Lot Size (sq. ft.):
111,514
Status:
Closed
Current Price:
$715,000
List Date:
4/10/2024
Last Modified:
10/03/2024
Description
Charming lakeside Inn on Lake Moc-A-Tek, on Route 590 and just minutes from Lake Wallenpaupack. Suitable for operating as a traditional inn or a valuable addition to your short-term or long-term rental portfolio. Situated on 2.56-acres fronting on Lake Moc-A Tek, this turn-key business features eight rental units; two doubles; two king rooms; one one-bedroom apartment; one studio apartment; one two-bedroom chalet and a large two-bedroom unit currently being used as the owners quarters. Each unit offers scenic lake views. Your guests can relax on outdoor decks or in a picturesque gazebo by the water. With cable TV, Wi-Fi, and full kitchens in the chalet and apartments, guests can enjoy all modern comforts while still experiencing the charming vintage ambiance. Electric vehicle owners benefit from the free Tesla charging station. The owner's 1,200 sq ft quarters boast a stone fireplace, two bedrooms with two full baths, and a full kitchen. The master suite on the second floor includes a deck overlooking the property. Fully furnished and equipped, this family business sale includes assets like furnishings and fixtures. Don't miss this chance to own a thriving lakeside Inn!
More Information MLS# SC-1904
Contract Information
Current Price: $715,000
Sold Price: $715,000
Status: Closed
Listing Contract Date: 2024-04-09
Property Sub Type: Hotel-Motel
Listing Agreement: Exclusive Right To Sell
Owner Name: Sejad and Nermina Suvalic
Environmental Survey YN: No
Location Tax and Legal
Street Number: 159
Street Name: Purdytown
Street Suffix: Turnpike
State: PA
Postal Code: 18438
County: Wayne
Subdivision Name: None
General Property Information
Business Name: Lake Moc-A-Tek Inn
Number Of Buildings: 2
Number Of Units Total: 8
Building Area Total: 3920
Building Area Total (Report Only): 3920
Enhanced Accessible: No
Year Built: 1973
Lot Size Acres: 2.56
Lot Size Dimensions: 643x121x588x203x226
Waterfront YN: Yes
Basement YN: Yes
Stories: 2
Sign On Property YN: No
Auction YN: No
List Price/SqFt: 202.81
Sold Price/SqFt: 182.4
Remarks and Miscellaneous
Public Remarks: Charming lakeside Inn on Lake Moc-A-Tek, on Route 590 and just minutes from Lake Wallenpaupack. Suitable for operating as a traditional inn or a valuable addition to your short-term or long-term rental portfolio. Situated on 2.56-acres fronting on Lake Moc-A Tek, this turn-key business features eight rental units; two doubles; two king rooms; one one-bedroom apartment; one studio apartment; one two-bedroom chalet and a large two-bedroom unit currently being used as the owners quarters. Each unit offers scenic lake views. Your guests can relax on outdoor decks or in a picturesque gazebo by the water. With cable TV, Wi-Fi, and full kitchens in the chalet and apartments, guests can enjoy all modern comforts while still experiencing the charming vintage ambiance. Electric vehicle owners benefit from the free Tesla charging station. The owner's 1,200 sq ft quarters boast a stone fireplace, two bedrooms with two full baths, and a full kitchen. The master suite on the second floor includes a deck overlooking the property. Fully furnished and equipped, this family business sale includes assets like furnishings and fixtures. Don't miss this chance to own a thriving lakeside Inn!
Status Change Information
Major Change Timestamp: 2024-10-03T13:20:52Z
Major Change Type: Status Change
Price Change Timestamp: 2024-06-05T15:22:42Z
Status Change Timestamp: 2024-10-03
Purchase Contract Date: 2024-06-13
Close Date: 2024-10-02
Close Price: 715000
Concessions: No
Buyer Financing: Conventional
Property Features
Basement: Concrete; Exterior Entry; Partial; Storage Space; Sump Pump; Unfinished
Building Features: Prime Location
Business Type: Hospitality; Hotel/Motel
Community Features: None
Construction Materials: Stone; T1-11; Wood Siding
Cooling: Varies by Unit
Electric: 200+ Amp Service
Foundation Details: Block
Frontage Type: Lakefront
Heating: Baseboard; Electric
Levels: Multi/Split
Listing Terms: Cash; Conventional
Lot Features: Views; Waterfront
Parking Features: Parking Lot; Paved
Possession: Close Of Escrow
Possible Use: Multi-Family
Road Frontage Type: State Road
Road Surface Type: Paved
Roof: Asphalt
Security Features: Security System
Sewer: Septic Tank
Structure Type: Hotel/Motel; Multi Family
Water Source: Well
Waterfront Features: Lake; Lakefront; Waterfront
Showing Requirements: Appointment Only; Showing Service
Listing Office: Davis R. Chant - Hawley
Last Updated: October - 03 - 2024
Information deemed reliable but not guaranteed.