The "SHerwood FOREST Motor Inn"

HIGH TRAFFIC HIGH VISIBILITY  LOCATION ---   LAKE PLACID, NY VICINITY  

SHERWOOD FOREST MOTOR INN - Currently operating as a Cabin Rentals and Site Rental Hospitality Business with great potential.  Operate to ease economic transition while development designs evolve and essential permits are secured, construction marshaled, etc.   100+ acres in high traffic, commercial business zoning, and high visibility location in the Lake Placid, NY vicinity.

• 100+ acre core wooded site, partially developed with 30 buildings, located on high traffic highway between famous resort villages of Lake Placid and Saranac Lake in the beautiful Adirondack Park
• 20 Unit Recreational Vehicle Park (permits up to 50 units) w/septic & electrical
• Borders most of Wolf Lake and prior site of Raybrook's town water (possible bottle water plant)

• First rights of refusal on all Duprey prior owned parcels.

FUTURE USE:  RV Park, Single Residence/town Homes, Upscale Retail/restaurant w/approval, Day Care Facility, Nordic Ski Center, Two family dwellings, Mobile Home Court, Tourist rooming house, B&B, Retail or Service Trade, Shopping Center or Country Gift Shops – Tourist Attraction, Convenience Store, Business Complex, Public/municipal Center, Church Complex, Research Facility, Science Labs & Development Center, Multi-family Dwellings, Mixed Commercial – residential sites, Hotel/motel, Residential Campsite, Light Industrial use and others.

The property is three (3) miles to the west of the famous world-class resort of Lake Placid, the “Olympic Village” site of 1980 and 1932 Winter Olympic games. An alpine resort village of 3,000 year-around residents and magnificent second homes.   Lake Placid offers splendid shopping on a charming main street, three superior golf courses (property borders Saranac Lake Golf Course), many motels and lodges for guests, and access to wonderful sports venues (ski jumping, arena for hockey and figure skating, cross country Nordic skiing and bobsled, international circuit horse show facilities) and the nearby Whiteface Mountain and its “best downhill ski mountain in the Northeast US”.

Offered at $8.5M