Looking for cash flow, tax advantages, and serious upside? The American Hotel of Lima is a 13, 000 sq. Ft. Mixed-use landmark listed on the National Register of Historic Places. It already generates income with hotel rooms, apartments, offices, and a restaurant/bar — plus a banquet hall for events. But It can be just about anything you can dream up. Here’s why this is too good to pass up: Historic Tax Credits up to 40% (federal + NYS) = massive ROI leverage for renovations. Multiple income streams in place, with expansion potential into a boutique hotel, chef-driven restaurant, wedding venue, tasting room, or more. Eligible for grant funding, adding even more financial horsepower. Original architectural features (tin ceilings, iron columns, balconies, arched windows) preserve historic charm while boosting long-term value. Prime location at Routes 20 & 15A, putting you in front of thousands of cars daily plus Finger Lakes tourism traffic. Be the investor who writes the next chapter.Show Description MLS® NumberR1623101
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1840
Stories3
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatGas, Hot Water
A/C
Heating Fuel
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