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Key Facts

Type Commercial
Levels Commercial Sale
Size 4528 sqft
Garage No
Maintenance Fees 
Taxes $5,441
Days Active 34
Approx. Age 1955
Avg. Price Per Sqft $110
MLS® Number R1616653

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Investment Opportunity by the Erie Canal! Welcome to this fully occupied 11-unit income-producing property in the heart of Lyons! This unique motel features 9 guest rooms and 2 spacious apartments, offering a diverse range of rental income streams. Located on a high-visibility primary road and backing up to the scenic Erie Canal, this property offers both charm and incredible potential. Whether you’re an investor seeking cash flow or an entrepreneur with a vision, this property is packed with possibilities. While the building could use a bit of TLC, the strong occupancy and unbeatable location make it a rare gem. With consistent tenants and proximity to town amenities, this is your chance to own a piece of the Finger Lakes corridor with room to improve and grow. Don’t miss this opportunity to revitalize a classic and capitalize on its prime location.Show Description
MLS® NumberR1616653
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1955
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Baseboard
A/C
Heating Fuel

Extras

Land, Building and Business

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