1954 Lyell Ave, Rochester, NY 14606-2319
This exceptional 86-key hotel in Rochester, NY, presents a compelling investment opportunity. Located at 1954 Lyell Ave, this two-building, five-story property boasts 53,273 square feet on a 2.81-acre lot. Built in 1990 and extensively renovated in 2023, the hotel offers a blend of comfort and modern amenities. Features include a meeting space exceeding 600 square feet, a fitness center, and ample parking for trucks and buses. The property's prime location and recent renovations position it for strong occupancy rates and revenue generation. The existing structure is robust, suggesting significant potential for value appreciation. Furthermore, the property includes an additional 20 keys on the rear lot, presenting a unique opportunity for expansion and increased revenue streams. A well-defined business plan is available to assist investors in maximizing returns. SBA financing eligibility further enhances the investment appeal, reducing the equity requirement and making this a highly attractive opportunity for investors seeking strong returns and efficient capital leverage. The property is zoned for commercial use and offers a compelling combination of immediate income potential and long-term growth prospects. This is a rare chance to acquire a well-maintained, high-performing hotel in a desirable location.
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Niagara college University
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Rochester, NYRochester. Always verify with local authorities before improvements.
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.