Income from the property has enabled us to consider early retirement. We are open to reasonable offers and will finance the purchase at a rate significantly lower than those offered by lending institutions, for a qualified buyer. We own the property. The title is clear. Built in 1860 as a hotel, the property has been in continuous operation since that time. It was renovated in 2004; a new roof was installed in May 2009. Located in a small Adirondack Village, it sits at the base of the Tug Hill Plateau, renowned for its record-breaking snowfalls. It has the benefit of high visibility from a lighted intersection on the Black River Trial (Route 12). and is minutes from downhill ski slopes, snowmobile and four-wheeler trails, cross-country skiing, hunting venues and walking distance to truly outstanding fishing sites on the Black River. The property is sewer-connected and uses Village water. Village zoning laws allow for expansion of the premises; its conversion to another use would not present a problem. The first floor (2140 sf) is currently configured as a 35 seat restaurant and a cocktail lounge with a capacity for 25. The lounge is currently leased and operates as a cash-only business. The commercial kitchen has been refurbished, brought up to code and has a new Ansul system. There are two 1/2 baths on this level. Depending on the intended use of the building, the hospitality venue or any business could be operated by the new owner or it could be leased, continuing to provide funds to pay for and maintain the property. We enjoy steady, year round business from local residents and out of area tourists. Additional patronage is provided by hunters, snowmobilers, campers and seasonal residents. In addition to the main building, there is a 26' ax 44' barn, capable of housing 4 cars and sports vehicles. There is electricity in the barn and it has a cement floor. It is currently a source of income; a portion of it leased to a bottle/can redemption center. The buildings, all equipment, the land and the apartment (but not apartment furnishings) transfer with the property. All the equipment is owned; not leased. The current business is an authorized NYS Lottery Agent - another source of income. The second floor (2140 sf) currently used as owner's quarters, now consists of nine rooms including a state-of-the-art kitchen with a DualFuel range, stainless energy-saver appliances, custom cabinetry and a farmer's sink; billiard room, living room with fireplace, formal dining room, four bedrooms including the master suite with a huge walk-in closet, and 2 new full baths. There is a partially finished three-season porch, accessible through French doors from both the living area and the kitchen. A large yard has been fenced with no-maintenance vinyl for privacy and provides security for pets and small children. In lieu owner's quarters, it could function as a bed and breakfast venue, as rooming house or provide more space for a business operation of any kind. The demand for both year-round room rentals and seasonal accommodations in the area is high. The property also lends itself to a corporate/family retreat. The open area on the first level would provide ample space for large gatherings with food preparation accomplished in the commercial kitchen. The second floor would easily provide generous accommodations for a sizeable group. There is a dry, full basement with a cement floor which is used for storage. The Village is part of the NYS Empire Zone, affording businesses financial and tax incentives. Click here to learn more about NYS Empire Zone benefits: http://www.empire.state.ny.us/Tax_and_Financial_Incentives/Empire_Zones/default.asp Our asking price is $299,000; our insurer has assigned a replacement value to the property in excess of $550,000. More information about the property and more photographs are available upon request. East Main Street at Route 12 (google map) (yahoo map) Location: Adirondack Mountains it's NOT ok to contact this poster with services or other commercial interests delaware