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The Gridley Inn 36 W Main St 4 Room Hotel Waterloo Township, NY 13165 $369,900 ($92,475/Room)

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EXECUTIVE SUMMARY

Welcome to this stately brick Victorian established as a charming and successful Bed & Breakfast in the heart of the Finger Lakes, located in the historic "Birthplace of Memorial Day." This turnkey property offers five beautifully decorated ensuite guest bedrooms, plus a private owner's suite conveniently located on the first floor. A wide, open front porch sets the tone for relaxation and leisure, perfect for enjoying your favorite drink while taking in the village atmosphere. Inside, you're greeted by a grand foyer with a magnificent staircase, leading through elegant French doors to a formal living room, a spacious entertainment room complete with a pool table, and a spacious formal dining room ideal for guest breakfasts or special events. The fully applianced kitchen features a striking black and white tiled floor, with entrance out to side yard and full basement providing added functionality. A private rear entrance and parking area ensure convenience for both owners and guests. Throughout the home, there are plenty of inviting nooks for peaceful retreats, as well as open gathering spaces that encourage connection and comfort. Included in the sale is a former carriage house, now used for storage, with exciting potential for future conversion into additional living quarters or income-producing accommodations. Just steps from the Cayuga-Seneca Canal, downtown shopping, local banks, and Memorial Day Park, this lucrative business opportunity blends timeless elegance with small-town charm in one of the Finger Lakes' most beloved communities. Please see list of improvements attached. Such an impressive B&B and home that offers so much opportunity, rather a single family home or a continued business.

PROPERTY FACTS Under Contract

Price $369,900
Price Per Room $92,475
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.48 AC
Building Size 4,530 SF
No. Rooms 4
No. Stories 2
Year Built 1850
Corridor Interior
Opportunity Zone Yes
Zoning 02

AMENITIES

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

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 4 $114.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
453801-010-000-0002-077-000-0000
Land Assessment
$15,800
Improvements Assessment
$187,200
Total Assessment
$203,000
  • Listing ID: 36898452

  • Date on Market: 7/24/2025

  • Last Updated:

  • Address: 36 W Main St, Waterloo Township, NY 13165

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