125 Main St, Newark, NY 14513

107 Room Hotel | Newark, NY 14513 | $1,999,000 ($18,682/Room)

Asking Price $1,999,000

Property Type: Hospitality
Square Feet: 67,000 SF

Listing Contacts

Property Info

Property Overview

Full service Hotel with 107 rooms. Bar, restaurant and banquet facilities on site. Located along the Erie Canal with water access.
Plans in place for flag to Wyndham Garden Inn - studies available for review. Longtime history as a successful hotel. Parking for approx. 200 (Newly re-paved). Parcel is 2.77 acres. Limitless potential as a hotel and/or possible site for redevelopment. Located in the Village of Newark, the largest municipality in Wayne County. Part of the Finger Lakes Region of NY. Price reduced to $1,999,000 - owner open to all offers.
Property drone video: https://youtu.be/uMSUa_CLRrM
Property video: https://youtu.be/Ig7EavMvVgY

Property Details

Class: B
Year Built: 1978
Stories: 2
Property Subtype: Hotel
Lot Size (sq. ft): 120,661 SF
Units: 107

Highlights

Full service Hotel with 107 rooms, bar, restaurant and banquet facilities on site
Located along the Erie Canal with water access
Plans in place for flag to Wyndham Garden Inn - studies available for review
Longtime history as a successful hotel
Parking for approx. 200 (Newly re-paved)
Owner open to all offers

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