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Four-Story Hotel With Tavern
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101 Main St, Groton, NY 13073

Four-story hospitality property with renovated guest suites, restaurant facilities, and an additional retail building.

Property SizeContact for details
Days on Market143

Property Features for 101 Main St

General Information

Standard status Active
Property subtype Hospitality

Property Condition

Severity Repairs Needed
Evidence needs renovations

Additional Details

Equipment Included Yes

Building Details

Buildings 2
Stories 4
Listing Agency: Sotheby's International Realty home
Listed By: Tom Morrissey · License #NY 10301222573
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:39AM

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 Sotheby's International Realty home

Investment Insights

Based on property information with market context.

Hotel Groton is a four-story hospitality property with lodging, dining, and event components. The main level includes a tavern and restaurant, commercial kitchen, reception area, restrooms, and banquet space. Several second-floor suites have been renovated and are currently operated as Airbnb rentals. Additional upper-level rooms are used for storage and require renovation, while the lower level provides further storage capacity.

Recent property work includes plumbing, electrical systems, roofing, and lighting. The offering also includes an adjoining retail structure at 103 Main St, along with business equipment and installed fixtures. The property is located at 101 Main St in Groton, NY 13073.

Key Highlights

  • Four‑story hotel property with lodging, restaurant, tavern, and banquet components
  • Multiple renovated second‑floor suites currently used as Airbnb rentals
  • Main level includes commercial kitchen, reception area, restrooms, and banquet room

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Building Supply Bakery Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 13073, NY

6,190
Population
2,803
Households
2.2
Avg Household Size
43
Median Age
29%
College-Educated
94%
High-School Grad
55.1 sq mi
ZIP Area
112
Density / Sq Mi
$71,316
Median Household Income
$42,096
Median Earnings
$983
Median Rent
$167,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Four-story hospitality property with renovated guest suites, restaurant facilities, and an additional retail building.
Where is this hotel located?
The property is located at 101 Main St Groton, NY.
What are key features of this property?
This property features: Four‑story hotel property with lodging, restaurant, tavern, and banquet components; Multiple renovated second‑floor suites currently used as Airbnb rentals; Main level includes commercial kitchen, reception area, restrooms, and banquet room
More about this property
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