Former Ramada Inn

180 Room Hotel | Rochester, NY 14624 | $4,250,000 ($23,611/Room)

Asking Price $4,250,000

Sale Condition: Deferred Maintenance
Property Type: Hospitality
Square Feet: 170,943 SF

Listing Contacts

Jacob Rivera

Verified Profile

Property Info

Property Overview

Former Ramada Inn Hotel –DIRECTLY ADJACENT TO FREDERICK DOUGLAS INTERNATIONAL AIRPORT (ROC) - available for sale.
SEE VIRTUAL OM: https://vimeo.com/998131754?share=copy
**BUILDING HAS BEEN DEEMED CONDEMNED BY THE TOWN OF GATES SINCE 2022**
The Site has been awarded a $2 million grant through “Restore NY Communities Initiative” for Phase I of a previous multi-phased project. Phase I will remediate and demolish the vacant hotel, in preparation of future commercial development. This Grant is transferable to new Buyer.
BUILDING:
Existing Building: Two Structures comprising of 84,887 SF and 14,050 SF on 8 acres, along with additional 2.80 acres of vacant land.
Located adjacent to Frederick Douglas International Airport (ROC), with over 1,000’ of visibility along I-390 (104,768 VPD).
CLOSE PROXIMITY TO 6 COLLEGES:
- University of Rochester (U of R): 12,160 Students – 1.4 Miles Away
- Monroe Community College (MCC): 23,623 Students – 3.1 Miles Away
- Rochester Institute of Technology (RIT): 20,570 Students - 3.2 Miles Away
- Nazareth College: 2,987 Students – 8.3 Miles Away
- St. John Fisher College: 2,987 Students – 11.4 Miles Away
- Roberts Wesleyan College: 1,621 Students – 10.5 Miles Away
CLOSE PROXIMITY TO HOSPITALS AND MEDICAL FACILITIES:
- Strong Memorial Hospital: 897 Beds – 2.1 Miles Away
- Monroe Community Hospital: 566 Beds – 3.1 Miles Away
- Highland Hospital: 261 Beds – 4.1 Miles Away
- Clinton Crossing Medical Center: 409,000 SF of Medical Office Park – 4.5 Miles Away
- UR Medicine Orthopedics and Physical Performance Center: 330,000 SF Campus – 5 Miles Away

Property Details

Class: B
Year Built/Renovated: 1975/2017
Stories: 2
Property Subtype: Hotel
Lot Size (sq. ft): 470,448 SF
Units: 180

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