Listing Agency: Wagner Real Estate Group p***@gmail.com Show Phone

Listed By: Philip Wagner · License #10491211947

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 5:31PM

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Investment Insights

Based on property information with market context.

This hospitality property includes an 18-room motel in the Cherry Valley area of East Springfield. The owner-operator-built property dates to 1992 and is described as meticulously maintained.

The sale also includes the adjacent restaurant/diner, along with its equipment and contents. The property is located at 5705 US-20, providing a combined motel and food-service offering within one transaction.

Key Highlights

• 18‑room motel
• Owner‑operator‑built property dating to 1992
• Adjacent restaurant/diner included in the sale

Property Analytics

Property Profile

Current Use

Motels

Suggested Use

Top Pick Auto Repair Shop Garden Center (Bike/Boat/Book/etc) Store Bed & Breakfast Department Store 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

17

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 13333, NY

92

Population

33

Households

2.8

Avg Household Size

52

Median Age

29%

College-Educated

95%

High-School Grad

1.6 sq mi

ZIP Area

58

Density / Sq Mi

$76,250

Median Household Income

$175,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this motels located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Hop House Lodge — 5706 US-20, Springfield Center, NY 13468
• K C's Corner Motel — 5705 US-20, East Springfield, NY 13333
• The Meadowlark Inn — 5759 US-20, East Springfield, NY 13333
• Otsego Motel — 5762 US-20, East Springfield, NY 13333

Frequently Asked Questions

What type of property is this?

Motel - Motel offering includes an adjacent diner with its equipment and contents.

Where is this motel located?

The property is located at 5705 US-20 East Springfield, NY.

What are key features of this property?

This property features: 18‑room motel; Owner‑operator‑built property dating to 1992; Adjacent restaurant/diner included in the sale