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345 E Main St
Ilion, NY 13357
Motel 6 Ilion, NY · Hospitality Property For Sale · 13,482 SF

INVESTMENT HIGHLIGHTS

  • Easy to run motel with solid base of business, high cap rate and great potential!
  • Fully Renovated Property! Ready to go! - New Everything!
  • Fantastic Economy Brand - Motel 6 is universally respected!
  • Spacious Owners Apartment with 3 airy bedrooms, kitchen and living space
  • Conveniently located off I-90 and near to Utica - travelers love it!
  • Location is near shops, restaurants and commercial business!

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.25 AC
Building Size 13,482 SF
No. Stories 1
Year Built/Renovated 1968/2021
Parking Ratio 6.53/1,000 SF
Corridor Exterior
Zoning B-1 - Commercial

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ABOUT 345 E MAIN ST , ILION, NY 13357

This lucrative, fully renovated Motel 6 is conveniently located off I-90 in Herkimer County, only minutes from Utica, New York. There are multiple demand generators including commercial, leisure and highway business travelers seeking a cleanroom, comfortable bed and safe environment. There is a full selection of king, queen, double-queen and double-double rooms for businessmen and families. The Motel 6 – Ilion, N.Y. offers a business center and plenty of on-site parking for you and your guests. There is great potential to add revenue through leasing out former banquet space, adding rooms and rate management. Don't miss out on this exceptional opportunity and outstanding value!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
212801-120-046-0003-002-000-0000
Land Assessment
$72,200
Improvements Assessment
$187,800
Total Assessment
$260,000
  • Listing ID: 28378817

  • Date on Market: 5/2/2023

  • Last Updated:

  • Address: 345 E Main St, Ilion, NY 13357

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