Drake’s, one of Schroon’s most well known landmark restaurants and motels is up for grabs. Brooke Van Riper-Clark has the exclusive listing on this once historic establishment, situated on 2.62 acres directly on Route 9.
From Brooke: “This restaurant and motel can easily be brought back to its glory! Wonderful business opportunity. Fourteen-unit motel with owners quarters, office and full laundry, restaurant and pool. Directly on the snowmobile trail, minutes from the marina, town beach and all amenities. Close to I-87 to accommodate travelers. Close to high peaks, other attractions, Vermont and Canada. Make this a destination for travelers! Includes Buildings and Land, inventory negotiable”.
The motel is less than a mile from downtown, 4.6 miles from Oscar Seagle Memorial Theater and within 16 miles of Natural Stone Bridge and Caves and Elk Lake.
The property is listed at $295,000. The full tax assessment is $384,000.
This could be a perfect fit for the right buyer. A cosmetic overhaul of the nautical themed main dining area – which hasn’t been changed since the 1970s – could transform the space dramatically. In years gone by, the restaurant was considered the gold standard for food and service in this neck of the woods.
The restaurant enjoyed a very successful run during the 2014 and 2015 summer season, under the command of Chef Lorenzo Cecunjanin and his wife Jasmina, who leased it from the owners. With Chef Lorenzo at the helm -- who had decades of Italian cooking under his belt, with a passion for seafood – the restaurant received rave reviews. The last couple of years have been bumpy. Click here for Brooke's listing information.
What You Need To Know:
Keller Williams Capital District-Sara
Licensed Real Estate Salesperson