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    Waterfront Hospitality Portfolio with Docks Title is generated by Realmo AI

    110 State St, Clayton, NY 13624

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    For Sale
    $1,399,900

    Turnkey waterfront restaurant, motel, and rental trailer set up for guest stays and dock access.

    Property size:
    10,774 SF
    Price / SF:
    $129/SF
    Added:
    Oct 1, 2025
    Days on Market:
    257
    Last Refresh:
    Jun 13 at 3:44 am

    Property Features for 110 State St

    General Information

    Standard status
    Active
    Size
    10,774 SF

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    Listing Contact
    Amanda J Miller
    Amanda J Miller

    Listing agent Amanda J Miller License #49MI0953024

    Listing office Lake Ontario Realty, LLC

    Listing date Oct 1, 2025

    Source Exprealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Lake Ontario Realty, LLC

    HighLights

    • Waterfront commercial property with 5 docks for about 10 boats and river access
    • Island Bay Pier House bar/restaurant (approx. 4,000 SF) with full basement, spacious kitchen, private party room, walk‑in cooler and walk‑in freezer
    • Pier House seating capacity: 81 in the bar and 91 in the dining room; forced‑air heating and cooling plus 2 extra mini splits in the kitchen
    • 8‑unit motel with 4 single rooms, 3 studio 1‑bedroom suites, and a 2‑bedroom 2‑bath apartment unit with front porches/balconies and creek/river views
    • Motel rents $135–$200 per night; owners currently use the 2‑bedroom unit; all equipment stays with furniture, linens, dishes, appliances, and docks conveying
    • 1974 renovated 2‑bed 800 SF trailer rental with rents $150–$220 per night; great for 3 seasons (furnace not currently included)

    Overview

    This for-sale package includes three turnkey renovated waterfront properties: the Island Bay Pier House Bar/Restaurant (approximately 4,000 SF), an 8-unit motel, and a 2-bedroom renovated trailer for short-term stays or owner occupancy. The pier house is reported to be in pristine condition with a nautical theme, and features a bar with capacity for 81, dining room seating for 91, a full basement, spacious kitchen, private party room, and walk-in cooler and freezer. Additional climate control includes forced air heating and cooling plus two mini splits in the kitchen. The motel is described as “like new” with single hotel rooms, studio 1-bedroom suites, and a 2-bedroom, 2-bath apartment unit, each with porches and balcony space. The 1974 trailer is approximately 800 SF and is set up for three-season use, with mention that a furnace can be added back in for winter.

    The property offers waterfront access with five docks supporting about 10 boats and access to the river. The offering is listed with the main address of 110 State St, Clayton, NY, and additional addresses of 235 and 255 Mercier, and includes equipment and conveys items such as furniture, linens, dishes, appliances, and docks. Parking is described as excellent for all three properties.

    For tenants, operators, or buyers seeking an all-in-one hospitality and lodging setup, this combination provides multiple revenue streams under one ownership: on-site dining and bar service through the pier house, guest accommodations through the motel, and an additional lodging option via the trailer.

    Local Financial Insights For Hotel Hospitality

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $272.8k $25.32
    − Vacancy −$31.1k −$2.89
    EGI $241.7k $22.43
    − OpEx −$126.9k −$11.78
    NOI $114.8k $10.66
    10,774 SF · lease $25.32/SF/yr · vacancy 11.40% · expense 52.50%

    Alternative Uses

    Best Use
    Hotel Hospitality
    $1.64M
    $1.44M – $1.91M (±1% cap)
    NOI $114,807 @ 7.0% cap · market cap 8.20%
    Second Best
    Specialty Retail
    $1.58M
    $1.38M – $1.84M (±1% cap)
    NOI $110,543 @ 7.0% cap · market cap 7.90%
    Theoretical Best
    Office A
    $2.97M
    $2.60M – $3.46M (±1% cap)
    NOI $207,895 @ 7.0% cap · market cap 14.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Island Bay Pier ... Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Clipper Inn 126 State St, Clayton, NY 13624
    • Wooden Boat Inn 606 Alexandria St, Clayton, NY 13624
    • Mckinley House Bed and Breakfast 505 Hugunin St, Clayton, NY 13624
    • The Calumet 617 Union St, Clayton, NY 13624
    • St Lawrence Motor Lodge 744 James St, Clayton, NY 13624

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Jefferson
    State
    New York
    Longitude
    -76.0727841
    Latitude
    44.2395741

    FAQs

    What type of property is this?
    Motel - Turnkey waterfront restaurant, motel, and rental trailer set up for guest stays and dock access.
    Where is this motel located?
    The property is located at 110 State St Clayton, NY.
    What is the asking price?
    The asking price for this property is $1,399,900.
    What are key features of this property?
    This property features: Waterfront commercial property with 5 docks for about 10 boats and river access; Island Bay Pier House bar/restaurant (approx. 4,000 SF) with full basement, spacious kitchen, private party room, walk‑in cooler and walk‑in freezer; Pier House seating capacity: 81 in the bar and 91 in the dining room; forced‑air heating and cooling plus 2 extra mini splits in the kitchen
    More about this property
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