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Hollywood Motel 539-541 Route 52 4 Room Hotel Kent Lakes, NY 10512 $999,000 ($249,750/Room)

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EXECUTIVE SUMMARY

4-Unit Apartment Building + Rehab Opportunity Motel (11 ROOMS) in Scenic Rural Setting on 7.5 acres. This Rare opportunity to acquire a unique income-producing property with tremendous upside potential. This offering includes a fully occupied 4-unit apartment building and an adjacent motel in need of complete renovation—both situated on a spacious lot in a quiet, picturesque rural location. The apartment building features four separate units, each with private entrances, ample parking, and steady rental income. The structure is well maintained, with separate utilities and strong tenant history. Next door, the motel includes multiple rooms, but it requires significant rehabilitation to bring it back to operational status. For the right buyer, this presents an incredible value-add opportunity. Whether converted into updated lodging, extended-stay rentals, or even short-term vacation units, the potential is limitless. With beautiful natural surroundings overlooking the shores of Lake Carmel, convenient road access, and room to expand or reimagine the site, this property is perfect for investors, developers, or entrepreneurs seeking a mixed-use asset in a tranquil setting. This is an excellent opportunity for value-add investment or redevelopment with expansion potential. Rural setting, yet on a well-traveled road with approximately 7,200 cars that pass this unique property per day. Close to Route I-84. Bring your vision and unlock the full potential of this one-of-a-kind property. Great expansion and vision to be repurposed as a Bed and Breakfast or small retail plaza with residential rentals above.

PROPERTY FACTS

Price $999,000
Price Per Room $249,750
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 7.27 AC
Building Size 3,252 SF
No. Rooms 4
No. Stories 2
Year Built 1962
Corridor Interior
Zoning C - C

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
372200-033-040-0001-001-000-0000
Land Assessment
$163,660
Improvements Assessment
$335,082
Total Assessment
$498,742
  • Listing ID: 36124501

  • Date on Market: 6/5/2025

  • Last Updated:

  • Address: 539-541 Route 52, Kent Lakes, NY 10512

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