3738 County Route 6 Mexico, NY 13126
- Retail properties
- 10,192 SF
Current Use by Public Records
- Retail properties
Property Details for 3738 County Route 6
- Year built
- 1980
- Property size
- 10,192 SF
- Property type
- Retail properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mexico
- County
- Oswego
- State
- New York
- Longitude
- -76.3152
- Latitude
- 43.4868