238 Ft on Lake Como – Lake Como Inn! MULTI- PARCEL WATERFRONT REAL ESTATE AUCTION!
238 Ft on Lake Como – Lake Como Inn!
MULTI- PARCEL WATERFRONT REAL ESTATE AUCTION!
Lake Como Inn3 * PARCELS* 3
On site @ 1307 East Lake Rd. Cortland, NY 13045
Lake Como Inn Country Pub* Waterfront Building Lot* 3 BR Ranch Home on 1.3 Acres (Cayuga County) (T-Summer hill) (Finger Lakes, NY area)
SATURDAY June 6 @ 11 AM * Preview Begins @ 10 AM
OWNERS RETIRING FROM PUB BUSINESS * COMPLETE DISPERSAL !
Real Estate Open House: Tues. June 2 from 3-5:30 pm; by appointment & Friday & Saturday evenings with live bands, cocktails & have dinner to see for yourself.
DIRECTIONS TO AUCTION: From Homer, NY: Take NYS RT. 41 (3) miles to LEFT on NYS RT. 41A. Go (4.5) miles to LEFT on Branch Rd. Go to 1st LEFT on East Lake Rd. to AUCTION. Signs posted. Lunch available.
Real Estate: to be sold singly, in combination or in its entirety, whichever is greater. BUY ONE or ALL!
LAKE COMO w/ clean WATERFRONT! A very clean 70 acre lake! OFFERING ONLY THE BEST!
LOT 1: LAKE COMO INN: Selling w/ 188’ of PRIME WATERFRONT is this Turnkey 5,500 SQFT Country Pub, Restaurant & Bar with Convenience Store, Receptions & Banquets, Bands, Entertainment Facility w/ Boat Launch on LAKE COMO! Sells Lock-Stock & Barrel w/ all Equipment. Very Profitable, Homer Schools & Town of Summer Hill. COULD BE CONVERTED TO RESIDENTIAL HOME w/ 198’ of Road Frontage on 198’x109x 188’ x98’ Area. QUALITY WATER! 1307 East Lake Rd. Cortland, NY 13045. ZONING IN PLACE!!
Kitchen always on and bands on the weekends with tremendous crowds (hundreds of people) every Sat. night. Band stage and large dance floor; beautiful tongue/ groove knotty pine walls & entryway; custom stone mason & tiled bar w/ lighthouse drink mix station. This is a HUGE opportunity to enter or expand your pub business. This location and property is Established ! There is a strong growing demand for COUNTRY PUBS on the Lake out in the country for entertainment. Huge deck area 16’x 140’ on the water!! Split wrap around floor plan with the dining area near the kitchen and separate from the bar, dance and bands. The architectural floor plan allows for a very efficient working environment !
Lake Como Inn was established in the 70’s.
Gross sales over $300,000 annually and growing.
188’ Water front with valuable 16’ x 140’ deck for customers to enjoy the Lake Como breeze.
Room to build several docks.
Lake Como is a private 70 Acre Lake.
Turnkey (all equipment: 3 walk in coolers w/ compressors; Hood system; sprinkler system; 32 tables; 63 chairs; 24 bar stools; stoves; (2) TV’s; 3 refrigerators; 4 freezers; 2 deep fryers; 1 ice machine new in 13’; dishes; silverware & kitchen supplies.)
Complete takeover: Large customer base & distributers go with the sale! (No worries of starting from scratch). Immediately following the closing, you will have cash flow!
Only public access to lake. Charge outside boaters a fee to launch their boat and sell them lunch.
Live bands on weekends with the pub jam packed!
Convenience store on site
Pool table, touch tunes, ATM & darts are 40/60 shares with vendor. Quick draw through NYS.
With the right owner, this business will keep expanding.
Only Country Pub Left Around! With the economy on the rebound, NOW is the time to get IN!
Take over during prime summer months!
Potential for catering
Special events center!
Diversified business with Lake/ Events/ Lunch & Dinners/Store/ Fishing/ Snowmobilers/ Water sports/ Bands/ Drinks and more.
Very Pleasant atmosphere to work in with fresh air.
Replacement cost or the cost to re produce or build new would be at least $500,000
Can be converted to residential home.
Quality water tested regularly by health dept.
Tax map #: (223.20-1-23.2)
Built in 1980 w/ 5,500 total Gross Floor Area
Total assessed @ $385,000
Site: COM 1
Zoning code 200
Homer Central Schools
2014/15 taxes paid by seller =School/Town/County: $13,772 +/-.
Propane hot air furnace and all propane utilities (hot water tank and new comfort aire furnace); (3) 200 amp elec. boxes; (2) 1,000 gallon septic tanks (pumped twice per year); drilled well under well pump. Metal roof, vinyl sided & vinyl windows.
LOT 2: IMMACULATE 3 BR 2 FULL BATH RANCH w/ 1,536 SQFT on 1.3 Acres w/ new 3 car garage, new roof, completely updated w/ deeded lake access through the boat launch. The deeded access will permit the owners of this home deeded access to enter Lake Como through the boat launch by boat or to enter the lake to enjoy and not to interfere with the access of others by Lake Como Inn and not to be rented. Corner Lot w/ 500’ of Road Frontage. Homer Schools & Town of Summer Hill. 1306 East Lake Rd. Cortland, NY 13045
Sells with 3 BR’s and 2 full baths with added on huge master BR and master bath; Kitchen w/ tile floor, dbl enamel sink, raised cabinets, dish washer, refrigerator & ceiling fan. Laundry room. Tongue and groove knotty pine, fenced in back yard, brand new metal roof, Living room with picture window, 200 amp updated elec., totally remodeled home w/ clean crawl space access. The 768 SQFT 3 car garage is 3 years old with concrete floor. Drilled well, clean crawl space w/ well pump and pipe access, 1,000 gallon septic tank, sells with refrigerator/ stove & dishwasher included.
Tax map #: (223.20-1-25.1)
Built in 1986 w/ 1,536 total SFLA
Total assessed @ $92,200
210- 1 Fam
Homer Central Schools
2014/15 taxes paid by seller = School/Town/County: $2,702 +/-.
LOT 3: CORNER BUILDING LOT w/ 50’ of PRIME WATERFRONT. 50’x 98’x 195’x 51’ w/ 246’ of Road Frontage. SEPTIC & ELECTRIC SERVICE. Homer Schools & Town of Summer Hill. 1311 East Lake Rd. Cortland, NY 13045
Tax map #: (223.20-1-23.111)
Total assessed @ $16,000
311- Res Vacant land
Homer Central Schools
2014/15 taxes paid by seller = School/Town/County: $249 +/-.
SELLS SINGULARLY, IN COMBINATION or IN ITS ENTIRETY! BUY ONE OR ALL!
30 MILES TO SYRACUSE, NY; 25 TO AUBURN & ITHACA; 20 TO SKANEATELES; 8 TO CORTLAND/ HOMER; 10 TO GROTON & 6 TO MORAVIA, NY! One of the best locations in the Finger-lakes region of NY!
Lake Info: Lake Como is a small lake that has entire shorelines privately owned & extends in a northwesterly direction and is located in southern Cayuga County, New York, in the Town of Summer Hill. It is located in the Oswego-Seneca-Oneida River Basin, south of the Seneca River. Lake Como is a lake with a mean depth of 10 feet (3 m) and a maximum depth of 22 feet. The deepest water is found in the center of the lake. Lake Como is a clean lake with a length of 0.62 miles (1 km), a maximum width of 0.25 miles (0.4 km) and a surface area of 64 acres (0.26 km2). It has a mean elevation of 1309 feet above sea level. Lake Como is an upland lake, which is a lake that is formed in the upper portions of a watershed.
Both the north and south end of the lake contain wetlands and there is a steep ridge that extends northwesterly on the west side of Lake Como. There are homes and camps along most of the shoreline. Two unnamed tributaries enter Lake Como in the north and the Lake flows out the Lake Como Outlet in the south. The Lake Como Outlet enters Fall Creek, which flows into Cayuga Lake which lends itself to some of the finest fishing in the world. The lake is dimictic, turning over in both spring and late summer. In the summer it is a tempting place to use large inner tubes, rafts, and other types of floats. In the winter, the lake freezes over. The region has a tendency toward snow squalls and is popular with cross-country skiers and snowmobilers. Lake Como is ideal for boating, canoeing and kayaking.
Real Estate Auction Terms: 10% Buyer’s Premium added to final bid to equal the Total Purchase Price. 20% down on day of auction, with the remainder due at closing within 90 days. Time is of the essence. Bargain & Sale Deeds. Properties sell “As Is, Where Is”. All tests required must be done prior to auction day. All statements at auction take precedence over printed material. All sell subject to immediate owner’s confirmation. Liquor license not included. Auctioneer agency represents the sellers. All dimensions are approximant & not guaranteed. All sell free & clear from liens. Taxes are paid up to date.
Information provided by auctioneers is believed to be correct, but not guaranteed. Buyers are encouraged to do their own research about each property. SELLS “AS IS WHERE IS”. Properties have never flooded.
SDZ AUCTIONS Note: The Sellers Al & Joan Tuttle are making money and doing well. They make a great team and are very professional and organized. After over a decade of their total dedication to this business they are ready for a well-deserved change. They are motivated to sell this establishment and have chosen the auction method because they have a plan to SELL. Thank you for your interest and we hope to see you on June 6 at LAKE COMO!
An outstanding opportunity to buy waterfront trophy properties in NY! INVEST IN REAL ESTATE, you will be glad you did! The time to buy is NOW! Very rare opportunity to set your price! Come and bid your price the AUCTION WAY! Waterfront, NY auction, Cortland/Homer, NY auctioneers, Cayuga County real estate auctions, Cortland county auctions, Cayuga county auctioneers, NY state auctioneers, Fingerlakes Region, NY auctioneers, Cortland/Homer, NY estate auction, Cayuga, NY estate auctioneers, Cayuga county estate/land/waterfront/ farm/ land/ antiques auctioneers. Waterfront Restaurant auction, pub auction, waterfront real estate auction.