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    OFF-MARKET
    Commercial real estate

    239 State Route 104B, Mexico, NY 13114

    1,370 SF 1.71 ac lot Built 1988
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,370 sq ft business opportunity in Mexico, NY, presents a unique chance to own the well-established Lil Salmon Inn. Situated on a highly visible 1.71-acre corner lot at the intersection of State Route 104b and Kranz Road, this property boasts significant road frontage and prime waterside location. The sale includes all kitchen fixtures, a fully equipped bar and dining area, ready for immediate operation. An upstairs apartment provides additional living space or potential rental income. Currently, two long-term rental units generate consistent income, and an additional trailer offers further rental potential. This turnkey operation minimizes the initial investment required to launch or expand your business. The established customer base and reputation of the Lil Salmon Inn provide a solid foundation for continued success. The property's high visibility and convenient location ensure a steady stream of customers. This is an exceptional opportunity for an ambitious entrepreneur seeking a profitable and established business in a desirable location. The existing infrastructure and rental income streams offer immediate returns on investment, minimizing the risk associated with starting a new venture. Don't miss this chance to own a thriving business in the heart of Salmon country.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1988
    Total area 1,370 SF
    Lot 1.71 ac (74,488 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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