Pink Fountain Motor Inn 5474 Transit Rd 14 Room Hotel Depew, NY 14043 $649,000 ($46,357/Room)
INVESTMENT HIGHLIGHTS
- Income/investment opportunity
- Easily accessible location on Transit Road between Broadway & Walden Avenue
- Ideal for: redevelopment, income/investment
- 4,416 + SF 14-suite motel with office and 1,332 SF + house with garage
- 140’ frontage on Transit Road with high traffic counts (28,171 AADT)
EXECUTIVE SUMMARY
Income/investment opportunity. 4,416 SF 14-suite motel with office. 1,332 SF house with garage. Easily accessible location on Transit Road between Broadway & Walden Avenue. 140' frontage on Transit Road with high traffic counts (28,171 AADT). Ideal for: redevelopment, income/investment.
PROPERTY FACTS
| Price | $649,000 |
| Price Per Room | $46,357 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 5,748 SF |
| No. Rooms | 14 |
| No. Stories | 1 |
| Year Built | 1964 |
| Tenancy | Single |
| Parking Ratio | 2.78/1,000 SF |
| Corridor | Exterior |
| Zoning | 05C - It is intended for rural land use, which may include agricultural activities, open space, or low-density residential development |
AMENITIES
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 14 | $65.00 | - |
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PROPERTY TAXES
| Parcel Number | 143003-104-610-0002-007-100 | Improvements Assessment | $268,000 |
| Land Assessment | $62,000 | Total Assessment | $330,000 |
