125 Main St Newark, NY 14513-1240
Property profile & analytics
125 Main St Newark, NY 14513-1240
- Motels
- 67,100 SF
- 2.77 lot acres
Property ID
US63-4318179
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Motels
Property Details for 125 Main St
- Year built
- 1980
- Lot size
- 2.77 lot acres
- Property size
- 67,100 SF
- Zone code
- B2
- Property type
- Motels
- APN
- 542001 68111-18-318101
- APU
- 5420016811118318101
Description
This exceptional 67,100 square foot full-service hotel presents a unique investment opportunity in the heart of Newark, NY. Boasting 107 guest rooms, an on-site bar and restaurant, and extensive banquet facilities, this established property enjoys a long history of success. Situated on a 2.77-acre parcel with newly repaved parking for approximately 200 vehicles, the hotel offers convenient water access along the picturesque Erie Canal. Detailed plans are available for review, outlining a potential flag conversion to a Wyndham Garden Inn, showcasing the property's significant upside. The property's prime location in the Village of Newark, the largest municipality in Wayne County and part of New York's renowned Finger Lakes Region, ensures strong visibility and accessibility. This substantial property offers limitless potential for continued operation as a thriving hotel or presents an attractive site for redevelopment, catering to a variety of uses. The seller is open to considering all offers, making this a compelling investment prospect for discerning buyers. The property's size, amenities, and location combine to create a truly exceptional opportunity within a vibrant and growing market. The existing infrastructure and established clientele provide a solid foundation for future growth and profitability.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,550,000
- ML approach
- $1,605,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,600,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Wayne
- State
- New York
- Longitude
- -77.0962
- Latitude
- 43.048
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$142,400
$957,600
$1,100,000
-
$222,500
$1,496,250
$1,718,750
