159 Purdytown Turnpike, Lakeville, PA 18438

$715,000
Property Type: Commercial Sale Square Footage: 3,920 Status: Closed
Current Price: $715,000 List Date: 3/22/2024 Last Modified: 10/03/2024

Overview

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 ...

Listing Details MLS# PW-240702

General Property Information

Business Name
Lake Moc-A-Tek Inn
Number Of Buildings
2
Number Of Units Total
8
Building Area Total
3920
Living Area
3920
Year Built
1973
Lot Size Acres
2.56
Waterfront YN
Yes
Water Body Name
private lake
Stories
2
List Price/SqFt
202.81
Sold Price/SqFt
182.4

Property Features

Basement: Concrete; Crawl Space; Exterior Entry; Sump Pump; Unfinished Business Type: Hospitality; Hotel/Motel; Rental Construction Materials: Stone; T1-11; Wood Siding Cooling: Varies by Unit Current Use: See Remarks Exterior Features: Balcony Foundation Details: Block Frontage Type: Lakefront; Waterfront Levels: Multi/Split Listing Terms: Cash; Conventional Lot Features: Level; Views; Waterfront Parking Features: Asphalt; Driveway; Parking Lot; Paved Possession: Close Of Escrow Road Frontage Type: State Road Road Surface Type: Paved Roof: Asphalt Sewer: On Site Septic Structure Type: Hotel/Motel Water Source: Well Waterfront Features: Lake; Lakefront; Waterfront

Contract Information

Listing Contract Date
2024-03-21
Property Sub Type
Hotel-Motel
Listing Service
Full Service
Environmental Survey YN
No

Location Tax and Legal

Street Number
159
Street Name
Purdytown
Street Suffix
Turnpike
County
Wayne
State
PA
Postal Code
18438
Subdivision Name
None

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
2024-10-03T13:19:22Z
Major Change Type
Status Change
Price Change Timestamp
2024-06-05T15:19:48Z
Purchase Contract Date
2024-06-13
Close Date
2024-10-02
Close Price
715000
Buyer Financing
Conventional

More Information

Building Features

Included In Contract
Land, Business & Building(s)

Location, Tax, and Legal

Municipality
Paupack Township
City Region
Lakeville
High School District
Wallenpaupack School District
County Tax Amount
1335.85
Municipal Tax Amount
285.31
School Tax Amount
4111.46
Tax Annual Amount
5732.62
Tax Year
2023
Tax Assessed Value
412300
Parcel Number
19-0-0049-0035
Additional Parcels YN
Yes
Additional Parcels Description
3 Parcels: #1: 19-0-0049-0035; #2: 19-0-0049-0036; #3: 19-0-0049-0037
Zoning
Commercial
Tax Book Number
R-2305/1

Basement

Concrete
Yes
Crawl Space
Yes
Exterior Entry
Yes
Sump Pump
Yes
Unfinished
Yes

Construction Materials

Stone
Yes
T1-11
Yes
Wood Siding
Yes

Cooling

Varies by Unit
Yes

Current Use

See Remarks
Yes

Exterior Features

Balcony
Yes

Foundation Details

Block
Yes

Frontage Type

Lakefront
Yes
Waterfront
Yes

Lake/Waterway Information

Lake Rights
Yes
Non Powerboat
Yes

Levels

Multi/Split
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Level
Yes
Views
Yes
Waterfront
Yes

Parking Features

Asphalt
Yes
Driveway
Yes
Parking Lot
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes

Roof

Asphalt
Yes

Sewer

On Site Septic
Yes

Structure Type

Hotel/Motel
Yes

Water Source

Well
Yes

Waterfront Features

Lake
Yes
Lakefront
Yes
Waterfront
Yes

Business Type

Hospitality
Yes
Hotel/Motel
Yes
Rental
Yes

Documents

Listing Office: Davis R. Chant - Lake Wallenpaupack
Last Updated: October - 03 - 2024
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
Search powered by FBS Products