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Clipper Inn Motel & Restaurant 126 State St
9 Room Hotel Clayton, NY 13624 £1,468,687 (£163,187/Room) 12% Net Initial Yield
Investment Highlights
- Well known restaurant and bar near the St. Lawrence River
- Exceptional reputation and loyal clientele!
- Outstanding professional staff and Owner will train buyer!
- Profitable and successful for half a century!
- Motel can be expanded and updated for upside potential!
Executive Summary
Clayton is located near the Thousand Islands Bridge, which is the major point of entry into the United States from Canada. There is ample medical, shopping, schools and other services available in Clayton. Major services are in the City of Watertown, 20 miles to the South. A strong influence on the economic health of Jefferson County is For Drum, the largest single -site employer in New York State, and home of the 10th Mountain Division. Fort Drum supports over 81,000 service members, families, civilians, contractors, retirees and dependents. It serves as the major northeast training center for more than 27,000 Army Reserve and National Guard annually.
The Clipper Inn Restaurant & Motel is well located:
Lake Ontario - 2 min walk
Clayton Marina - 4 min walk
The Clayton Opera House - 16 min walk
Antique Boat Museum - 18 min walk
1000 Islands River Rat Cheese - 18 min walk
The Clipper Inn is next to a golf course. The Clayton Opera House and Thousand Islands Museum are cultural highlights, and some of the area's activities can be experienced at Clayton Marina and C-Way Golf Course. Alex Bay 500 Go-Karts and Lil' River Fudge Co / 5&10 Varity Store are also worth visiting. Spend some time exploring the area's activities, including winery tours.
Property Facts
Amenities
- Restaurant
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
- Smoke-Free
About 126 State St , Clayton, NY 13624
Muroff Hospitality Group is proud to present the extraordinary opportunity to acquire the Clipper Inn Restaurant, Lounge & Motel. For almost 50 years, the Simpson family has owned and operated this iconic property, located in Clayton – Thousand Islands New York. The restaurant has an airy, comfortable, and nautical Interior; and is well known for its large and varied menu, with an accent on fresh seafood. There are Mediterranean, Asian, and vegetarian influences. The emphasis is on high quality and consistency. The Clipper Inn Motel is a cozy and clean 9-unit motel located next door to the Clipper Inn Restaurant and Lounge. It is an excellent choice for travelers visiting Clayton, offering a family-friendly environment alongside many helpful amenities designed to enhance your stay. You’ll enjoy relaxing rooms that offer complimentary parking, air conditioning, refrigerator, and free Wi-Fi. Plus, having the restaurant and lounge directly next door, provides a pleasant respite from a busy day. The Clipper Inn, Restaurant and Motel is an exceptionally well run, profitable business that benefits from an excellent reputation and a successful track record that dates back to 1983. This unique opportunity is located in Clayton, New York, a tourism-oriented community on the banks of the St. Lawrence River. The summer tourist trade is served by many large resort hotel complexes, shops, stores, marinas, boat dealers, cruise lines and other attractions that include Go-Cart racing, golf, mini-golf, scenic balloon and helicopter rides. The average season runs from May through November.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 9 | £65.01 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £808,366 | |
| Land Assessment | £126,268 | Total Assessment | £934,634 |
PROPERTY TAXES
zoning
| Zoning Code | C (Commercial - Restaurant - Motel) |
| C (Commercial - Restaurant - Motel) |
Presented by
Clipper Inn Motel & Restaurant | 126 State St
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