3738 County Route 6Mexico, NY 13126

For Sale
$385,000

Profitable Turnkey Business in NY

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional Oswego, NY property offers a unique investment opportunity encompassing a thriving 20-room motel and a well-established restaurant/bar. Located at 3738 County Route 6, 13126, this 10,192 square foot building, constructed in 1980, boasts a strong track record of success. The motel enjoys high occupancy rates, particularly during peak seasons, due to its proximity to popular fishing locations and a nearby power plant, with many guests booking annually in advance. The clean and well-maintained motel offers ample parking, accommodating both cars and boats. The restaurant/bar provides a welcoming atmosphere for locals and motel guests, featuring pool tables, music, and a fully functional kitchen. The current owners, who have operated the business for over 23 years and reside in two motel rooms, are seeking retirement, presenting a rare chance to acquire a turnkey operation with significant potential for increased profitability. The property's consistent positive cash flow and minimal marketing needs highlight its inherent value, offering substantial room for future growth and value-add opportunities. The asking price is $385,000, translating to $37.77 per square foot.

Highlights

  • $385,000 asking price for a 10,192 square foot retail property.
  • Located at 3738 County Route 6, Oswego, NY 13126.
  • Property includes a 20-room motel and restaurant with a strong recurring business.
  • Built in 1980, offering significant value-add potential.
  • Positive cash flow and minimal marketing required.

Property Details for 3738 County Route 6

Property type
Other retail properties, Retail properties
Square Feet
10,192 SF
Year Built
1980

Location Insight

City
Mexico
County
Oswego
State
New York
Latitude
43.4868107
Longitude
-76.3151974
3738 County Route 6, Mexico, New York

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3738 County Route 6
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