John Becks Hotel 3302 Main St 7 Room Hotel Mexico, NY 13114 $379,900 ($54,271/Room)

EXECUTIVE SUMMARY

Prime Location in Mexico, NY Located in the heart of the downtown business/historical district with proximity to major corporate offices, retail centers, and public transport. This property has been awarded a Restore NY Grant (“Grant”) (1) for $1,836,000. This Grant is for capital improvements on the structure only for rehab and repairs to bring back to a commercially viable use. There is an approved plan for a mixed use of Short term rentals (5 studios), 2 long term apartments, and a Cafe/Restaurant on the lower level. Other options are possible to create brewery/cidery or other food and retail services. Property is located just 20 miles away from the new Micron Technology semiconductor plant site in Clay, NY. This quaint Village is centrally located near world-class Salmon Fishing and in close proximity to Lake Ontario (Oswego), Syracuse (Route 81), Salmon River (Pulaski), and Watertown.

PROPERTY FACTS

Price $379,900
Price Per Room $54,271
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.59 AC
Building Size 5,461 SF
No. Rooms 7
No. Stories 2
Year Built 1838
Parking Ratio 0.5/1,000 SF
Corridor Exterior
Zoning 05 - COMME

AMENITIES

  • Restaurant
  • On-Site Bar

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $110.00 -
Guest Room 5 $74.00 -

PROPERTY TAXES

  • Listing ID: 34222059

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 3302 Main St, Mexico, NY 13114