Motel

Ithaca, NY Motels for Sale

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80-Room Motel
Updated: Mar 23
80-Room Motel

356 Elmira Road, Ithaca, NY 14850

$7,300,000
80 guest rooms
Completed Property Improvement Plan (PIP)
Franchise agreement may be renewed or converted
Near Cornell University and Elmira College
Near the Finger Lakes, including Seneca Lake
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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Ithaca, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

14-Unit Motel with Pond
14-Unit Motel with Pond

4643 Route 6, Wellsboro, PA 16901

$1,250,000
6,926 sqft 5.80 AC lot

Turnkey 14-unit motel on 5.8 acres with a pond, updated sprinkler system, and a caretakers quarters option.

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Turnkey Motel with 62 Storage Units
Turnkey Motel with 62 Storage Units

4677 & 4643 Route 6, Wellsboro, PA 16901

$1,650,000
15,926 sqft 7.80 AC lot

Motel on 7.8 acres with pond, 62 storage units, and renovated units, plus an updated sprinkler system.

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Former Motel and Office Property
Former Motel and Office Property

444 Wyoming Ave, Kingston, PA 18704

Contact for pricing
0.67 AC lot

Two-level former motel plus an office with residence on an approximately two-third acre commercial site.

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Two-Level Motel with Office Space
Two-Level Motel with Office Space

444-446 Wyoming Avenue, Kingston, PA 18704

Contact for pricing

Active 32-room, two-level motel property includes office, storage, and a residence on a roughly two-thirds-acre site.

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Off-Market Properties in Ithaca, NY

Consider similar Off-Market properties in Ithaca, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1081-1083 Dryden Rd
MOTEL

1081-1083 Dryden Rd, Ithaca, NY 14850

Value Estimation by Request
4,512 sqft 2.16 AC lot
View details
352 Elmira Rd, Unit 56
MOTEL

352 Elmira Rd, Ithaca, NY 14850-5115

Unit 56
$5,790,000
Estimated value
32,120 sqft 1.86 AC lot
View details
518 Stewart Ave
MOTEL

518 Stewart Ave, Ithaca, NY 14850-3815

$305,000
Estimated value
7,034 sqft 0.22 AC lot
View details
400 Mdw St
MOTEL

400 Mdw St, Ithaca, NY 14850-5218

$520,000
Estimated value
23,720 sqft 1.41 AC lot
View details
657-661 Elmira Rd
MOTEL

657-661 Elmira Rd, Ithaca, NY 14850

$255,000
Estimated value
2,964 sqft 9.67 AC lot
View details
2303 Triphammer Rd
MOTEL

2303 Triphammer Rd, Ithaca, NY 14850-1011

$740,000
Estimated value
28,496 sqft 1.96 AC lot
View details
658 Elmira Rd
MOTEL

658 Elmira Rd, Ithaca, NY 14850-8745

$250,000
Estimated value
1,720 sqft 1.70 AC lot
View details
654 Elmira Rd
MOTEL

654 Elmira Rd, Ithaca, NY 14850-8745

$340,000
Estimated value
8,364 sqft 4.00 AC lot
View details
2310 Triphammer Rd
MOTEL

2310 Triphammer Rd, Ithaca, NY 14850-1012

$750,000
Estimated value
84,169 sqft 4.84 AC lot
View details
1020 Ellis Holw Rd
MOTEL

1020 Ellis Holw Rd, Ithaca, NY 14850-2808

$945,000
Estimated value
46,340 sqft 4.02 AC lot
View details
529 Mdw St
MOTEL

529 Mdw St, Ithaca, NY 14850-5316

$530,000
Estimated value
19,968 sqft 3.34 AC lot
View details
1100 Danby Rd
MOTEL

1100 Danby Rd, Ithaca, NY 14850-9404

$840,000
Estimated value
40,904 sqft 2.68 AC lot
View details

Ithaca, NY Motels Market Trends and Statistics

Explore 13 motels for sale in Ithaca, NY on our real estate platform.

Sale prices for motels in Ithaca, NY average $7,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 3
Bed & breakfasts 1
Motels 1

Demographics Overview

Population 73K
Population Growth (5Y) -2.9%
Median Household Income $71,184
College Educated 58.0%

Taxes & Financing

Tax Rate (average for all types) 0.85%
Property Tax per SF $21.37 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tompkins County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Ithaca fall within the 100,000+ square foot range.

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