3302 Main St Mexico, NY 13114
- Hotels
- 12,056 SF
- 0.32 lot acres
Current Use by Public Records
- Hotels
Property Details for 3302 Main St
- Year built
- 1930
- Lot size
- 0.32 lot acres
- Property size
- 12,056 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Hotels
- APN
- 353401 134.10-05-19.01
- APU
- 35340113410051901
Description
This exceptional 17,304 square foot mixed-use property, situated on 0.3 acres at 3302 Main Street in the heart of Mexico, NY's historic downtown business district, presents a unique investment opportunity. The property has been awarded a substantial $1,836,000 Restore NY Grant specifically for capital improvements, focusing on rehabilitation and repairs to restore the building to commercial viability. An approved plan exists for a mixed-use development incorporating five short-term rental studios, two long-term apartments, and a cafГ©/restaurant on the lower level. However, the property's versatility allows for alternative uses, such as a brewery, cidery, or other food and retail services. Its strategic location offers significant advantages. The property is conveniently located near major corporate offices, retail centers, and public transportation. Furthermore, its proximity to the new Micron Technology semiconductor plant in Clay, NY (20 miles away), adds considerable long-term growth potential. The charming village of Mexico boasts a desirable location near world-class salmon fishing, Lake Ontario (Oswego), Syracuse (via Route 81), the Salmon River (Pulaski), and Watertown, ensuring a strong base of potential customers and residents. This is a rare chance to acquire a property with significant grant funding and immense redevelopment potential in a thriving and strategically located community. The asking price is $379,900.
Value Estimation
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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
- -76.2315
- Latitude
- 43.4599
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA