179 S Rainbow Shores Road Richland, NY $ 5,000,000
179 S Rainbow Shores Road
$ 5,000,000
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179 S Rainbow Shores Road

Richland, NY, 13142
$ 5,000,000
Baths0.0 Sq 11,716

Monthly Estimate*

$ 34,926

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Studio

Commercial Property for sale in Richland, NY

for $5,000,000. This 11,716 square foot building was built in 1920 on a lot size of 3.83.

Welcome to historic Rainbow Shores. Situated on 3.83 acres, it boasts 500 feet of manicured lakefront along the shores of Lake Ontario. The panoramic views and tranquil ambiance make it a perfect location for wedding venues. This extraordinary property features 15 beautifully appointed cabins, many of which have been updated. One of the most remarkable aspects of Rainbow Shores is its proximity to private state land, guaranteeing your privacy and preserving the unspoiled beauty. The assurance that no further development will take place adds to the exclusivity and value of this exceptional property. With parking capacity for 50 to 100 cars, Rainbow Shores can easily accommodate large events. Whether you are an investor seeking a prestigious hospitality establishment or an entrepreneur with a vision for an unforgettable dining experience, Rainbow Shores Restaurant and Cabins presents an unparalleled opportunity. Take advantage of this rare gem, combining the nostalgia of the past with the allure of modern luxury, and create your own legacy in this extraordinary lakeside retreat. Give us a call today for your private tour.

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Commercial Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 24,000

Style

Lot Size

3.83

Year Built

1920

Town/City

Richland

County/Region

Oswego

MLS | Web ID

R1490568

Features
General
Sewer PublicSewer SepticTank
Heating ExhaustFan Propane Oil Baseboard HotWater Radiant WallFurnace
Cooling ExhaustFan
Utilities SewerConnected WaterConnected
Possession Closing
Roof Shingle
Appliances Humidifier
Zoning 0
Year Built 1920
Stories 1
Township Not Applicable
Levels One
Waterfront Features Lake
County Oswego
Net Operating Income -24000.0
Property Type CommercialSale
Subdivision Name Rainbow Shores 01 Sec 04
Status Active
City Richland
Body of Water Lake Ontario
High School District Pulaski Academy and Central
Zoning Description Other - See Remarks
Total Units 16
MLS Area Richland-355089
Lot Size Square Feet 166835.0
Waterfront Y/N No
Street Name Rainbow Shores
Year Built Details Existing
Tax Annual Amount 24000.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 73
Standard Status Active
Middle/Junior School District Pulaski Academy and Central
Elementary School District Pulaski Academy and Central
Tax Assessed Value 411775
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 5
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Interior
Total Fireplaces 0
Total Stories 1
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Road
Main Level Bathrooms 0
Total Baths 0
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Exterior
Water Source Public
Total Parking 100.0
Inclusions Equipment Land and Building Land Building and Business
Lot Size Area 3.83
Number of Buildings 8
Building Area Total 11716.0
Lot Dimensions 505X232
Lot Size Acres 3.83
Frontage Length 487
Lot Size Units Acres
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Internal Only
Street Number 1 179
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* Excluded Features
List By
Payne Team, Llc

Broker

payneteam315@gmail.com

Email

Affordability Calculator

$36,926
Per Month
95%
5%
0%
Monthly Principal & Interest
$34,926
Monthly Property Taxes
$2,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4221436 Elementary School
4221438 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2023$5,000,000 Listed Price

Map


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179 S Rainbow Shores Road, Richland, NY, 13142 is a Commercial Property for sale at $5,000,000 with 11,716 sqft and a lot size of 3.83. 179 S Rainbow Shores Road is a studio with 0.0 baths and was built in 1920. The property's zip code is 13142 which is in Richland, NY