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363 Lake Shore Dr Dunkirk, NY 14048

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For Sale
$399,900

Dunkirk Motel - 16 Room Potential

Property size:
4,618 SF

Property Features for 363 Lake Shore Dr

General Information

Property type
Other commercial real estate
Square Feet
4,618 SF
Lot Size
78,408 SF

Building Details

Year Built
1960

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Listing Contact
Brittany Cerrie
Brittany Cerrie

Listing Agency: Howard Hanna Holt Real Estate Listing Agent: Brittany Cerrie

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a partially renovated motel at 363 Lake Shore Drive West in Dunkirk, New York. Boasting 4,618 square feet on a 1.8-acre lot, this property offers significant upside potential. The existing structure has undergone substantial renovations, including a new roof, siding, windows, doors, electrical panel and service, plumbing, and PTAC heating and air conditioning units. Four rooms are fully renovated and ready for immediate rental income generation. The property's layout allows for expansion to a total of sixteen rentable rooms, significantly increasing revenue potential. Its prime location near Point Gratiot Beach, Dunkirk Pier, and SUNY Fredonia ensures high occupancy rates and strong demand. The property is being offered at $399,900. The seller is open to a package deal including the adjacent property at 365 Lake Shore Drive West, presenting an even more compelling investment opportunity for a buyer seeking to acquire a larger portfolio. This is a rare chance to acquire a well-located motel with significant renovation already completed, poised for immediate income generation and future expansion. The property's strong location and potential for growth make it an attractive investment for both seasoned investors and new business owners seeking to enter the hospitality industry. This is a turnkey opportunity to establish a thriving lodging business in a desirable location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Dunkirk
County
Chautauqua
State
New York
Longitude
-79.35516
Latitude
42.48146

FAQs

What type of property is this?
Commercial real estate - Dunkirk Motel - 16 Room Potential
Where is this commercial real estate located?
The property is located at 363 Lake Shore Dr Dunkirk, NY.
What is the asking price?
The asking price for this property is $399,900.
More about this property
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