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125 N Main St

arcadia, NY 14513

$1,850,000

    INTERESTED? LET'S CONNECT

    Presenting a rare opportunity to acquire a 107-room hotel with a longstanding history of success, ideally located in the heart of Newark, New York—just steps from the scenic Erie Canal waterway and centrally positioned within the renowned Finger Lakes region. Situated on 2.77 acres of prime commercial real estate, this expansive 67,100 square foot, two-story concrete structure combines durability with functionality. The property is designed to accommodate both leisure and business travelers, offering a full suite of amenities. Indoor swimming pool with a retractable roof is ideal for year-round use. Spacious banquet and event room are perfect for weddings, conferences, and community gatherings. On-site bar/lounge caters to guests and locals alike. Ample parking and high visibility in a high-traffic corridor. The location offers unmatched convenience and charm, with walkable access to local shops, dining, and recreational areas along the Erie Canal. With its strong regional identity, this property is poised for continued profitability and potential repositioning under a national or boutique flag. Prime Finger Lakes location near Rochester and Syracuse. Whether you're looking to expand your hospitality portfolio or invest in a cornerstone property in one of upstate New York’s most desirable regions, this hotel offers solid cash flow potential with upside for redevelopment or brand affiliation. Possible redevelpment opportunities through NYS Development Finger Lakes Region and Wayne County Economics.

    Details

    67,100 Sq Ft

    2.77 Private Acres Exterior Space

    Commercial

    $49,656 Annual Tax

    Built in 1978

    MLS/Listing ID S1625395

    2 Stories

    107 Units

    Amenities & Features

    Heating - Gas

    Membrane

    Rubber

    Construction - Concrete

    Vinyl

    Linoleum

    Carpet

    TAMELA HOFFMAN - 315-622-5757

    NYS

    Source of Data: NEW YORK STATE MLS

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