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6590 Thompson Rd
Syracuse, NY 13206
Magnuson Hotel East Syracuse · Hospitality Property For Sale · 29,923 SF

INVESTMENT HIGHLIGHTS

  • Rare opportunity to purchase a new hotel in a great location at 40% of replacement cost
  • The hotel has been approved as a Quality Inn by Choice Hotels
  • Exit 35 I-90 is one of the busiest interchanges on the the NY Thruway
  • Seller will consider financing for qualified buyers including a lease/ purchase option
  • Several branding opportunities are available in this busy market,

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.11 AC
Building Size 29,923 SF
No. Stories 2
Year Built/Renovated 1985/2019
Parking Ratio 3.34/1,000 SF
Corridor Interior
Zoning 6 - Commercial

AMENITIES

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

ABOUT 6590 THOMPSON RD , SYRACUSE, NY 13206

Brand new in 2019 completely turnkey 74 room hotel with 2 apartments, fitness center and large breakfast room. This hotel was professionally renovated from the studs , including all furniture, fixtures, equipment, wall and floor treatments, plumbing, electrical and mechanicals. It is ABSOLUTELY 100 % UPGRADED !! The hotel is affiliated with Magnuson hotels on a month to month agreement. The property is eligible for several franchise opportunities, including , but not limited to brands by Wyndham, Choice hotels and others.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
312689-025-000-0002-003-003-0000
Land Assessment
$73,600
Improvements Assessment
$1,422,600
Total Assessment
$1,496,200
  • Listing ID: 17883309

  • Date on Market: 12/5/2019

  • Last Updated:

  • Address: 6590 Thompson Rd, Syracuse, NY 13206

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