10596 Rte 19 Fillmore, NY 14735-8703
This exceptional investment opportunity in Fillmore, NY, presents a unique mixed-use property spanning 8,842 square feet on a 1.2-acre lot along Route 19. The property comprises an eleven-unit motel (eight doubles, three singles), currently catering to short-to-medium-term tenants. Units 1 through 6 offer significant potential for renovation, including kitchenettes, to transition into longer-term rentals, boosting income streams. A separate single-family residence provides additional living space, ideal for an owner-operator or as a rental unit. The existing restaurant building offers remarkable versatility, adaptable for conversion into office space, retail, a medical office, or additional housing, catering to diverse business or residential needs. The property boasts ample on-site parking. Situated directly on Route 19, this property benefits from high visibility and convenient access. Its location above the banks of the Genesee River adds to its unique appeal and potential for future development. This multi-faceted property presents a rare chance to capitalize on a prime location and diverse income streams. Don't miss this chance to acquire a truly unique investment property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.