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Retail Development Site - High Traffic I-90 301 Oak St 20 Room Hotel Batavia, NY 14020 $1,200,000 ($60,000/Room)
INVESTMENT HIGHLIGHTS
- Development site located immediately off Thruway I-90 Exit 48 (Batavia)
- Located minutes from Batavia's central retail district, densely populated by national retail tenants
- Exposure within Batavia's most highly trafficked intersection at Oak Street & Park Road
- In close proximity (0.4 miles) to the recently constructed Rochester Regional Health surgical center
EXECUTIVE SUMMARY
.070 acre retail development site located immediately off NYS Thruway I-90 at the entry point to the Batavia, New York market. The site is zoned Highway Commercial, allowing a multitude of uses.
Currently home to a non-performing motel, the subject property is primed for new construction geared toward national retail, QSR, hospitality, or food service development.
Currently home to a non-performing motel, the subject property is primed for new construction geared toward national retail, QSR, hospitality, or food service development.
PROPERTY FACTS
| Price | $1,200,000 | Building Size | 13,744 SF |
| Price Per Room | $60,000 | No. Rooms | 20 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1970 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.46/1,000 SF |
| Lot Size | 0.70 AC | Corridor | Interior |
| Zoning | HC - Highway Commercial | ||
| Price | $1,200,000 |
| Price Per Room | $60,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 13,744 SF |
| No. Rooms | 20 |
| No. Stories | 2 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Ratio | 1.46/1,000 SF |
| Corridor | Interior |
| Zoning | HC - Highway Commercial |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 20 | $99.00 | - |
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PROPERTY TAXES
| Parcel Number | 180200-071-014-0002-002-000 | Improvements Assessment | $355,000 |
| Land Assessment | $95,000 | Total Assessment | $450,000 |
PROPERTY TAXES
Parcel Number
180200-071-014-0002-002-000
Land Assessment
$95,000
Improvements Assessment
$355,000
Total Assessment
$450,000
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Retail Development Site - High Traffic I-90 | 301 Oak St
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