Property profile

3738 County Route 6 Mexico, NY 13126

OFF-MARKET
Retail properties & Spaces
10,192 SF Built 1980
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Property summary

AI-generated overview

This exceptional Oswego, NY property offers a unique investment opportunity encompassing a thriving 20-room motel and a well-established restaurant/bar. Located at 3738 County Route 6, 13126, this 10,192 square foot building, constructed in 1980, boasts a strong track record of success. The motel enjoys high occupancy rates, particularly during peak seasons, due to its proximity to popular fishing locations and a nearby power plant, with many guests booking annually in advance. The clean and well-maintained motel offers ample parking, accommodating both cars and boats. The restaurant/bar provides a welcoming atmosphere for locals and motel guests, featuring pool tables, music, and a fully functional kitchen. The current owners, who have operated the business for over 23 years and reside in two motel rooms, are seeking retirement, presenting a rare chance to acquire a turnkey operation with significant potential for increased profitability. The property's consistent positive cash flow and minimal marketing needs highlight its inherent value, offering substantial room for future growth and value-add opportunities. The asking price is $385,000, translating to $37.77 per square foot.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1980
Total area 10,192 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3738 County Route 6 Mexico, NY 13126
Mexico metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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