7304 Main St, Lima, NY 14485-9730
- Hotels
- 9,630 SF
- 0.24 lot acres
Current Use by Public Records
- American Hotel Of Lima / Hotel & Motel
- Hearts for the Homeless / Charitable Organization
Property Details for 7304 Main St
- Year built
- 1965
- Lot size
- 0.24 lot acres
- Zone code
- 05 - COMMERCIAL
- Property type
- Hotels
- APN
- 243201 37.14-1-77
- APU
- 2432013714177
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 3, 2026 | $260,000 | Ringneck Holdings LLC | Reynolds Patrick | Warranty Deed | $154k |
Description
A rare opportunity awaits with the acquisition of the American Hotel of Lima, a historic landmark boasting over 230 years of rich history. Situated at a high-traffic, highly visible gateway to the Finger Lakes Region, this 13,032 square foot property, built in 1840, sits on a 0.23-acre lot. Currently operating as a thriving full-service bar, hotel, and event venue, the American Hotel offers numerous income streams. Many second-floor rooms are available for rent, complemented by a spacious event area ideal for larger gatherings. Recently honored with a preservation award from New York State and The Landmark Society of Western New York for the restoration of its front portico, the building is in excellent condition. The property's versatility presents endless possibilities. Its prime location makes it perfectly suited for a tasting room showcasing the abundance of local wineries, breweries, and distilleries, with ample space for outdoor dining or a beer garden. Alternative uses could include a test kitchen, a boutique hotel, or numerous other ventures. Priced at $499,000, this turnkey business presents a unique investment opportunity with significant upside potential in a desirable location. The American Hotel of Lima is poised for its next chapter, and awaits a visionary owner to guide it into the future.
Value Estimations
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $930,000
- OFFICE BUILDING
- $925,000
- AUTO REPAIR, GARAGE
- $785,000
- COMMERCIAL (GENERAL)
- $760,000
- RETAIL STORES
- $640,000
- WAREHOUSE, STORAGE
- $485,000
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Location Insight
- Map
- Local Demand
- City
- Lima
- County
- Livingston
- State
- New York
- Longitude
- -77.6114
- Latitude
- 42.9044
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
