$1,300,000
$1,500,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
7,960 SqFt
SOLD DATE : 05/21/2025
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 7,960 sqft
Price per Sqft $163
MLS Listing ID R1553704
Sold Date 05/21/25
Construction Status Existing
HOA Y/N No
Year Built 1974
Annual Tax Amount $17,143
Lot Size 1.480 Acres
Acres 1.48
Lot Dimensions 139X300
Property Sub-Type Business
Property Description
Keuka Lake's Colonial Motel- a wonderful throw-back to a time where there were more tranquil respite opportunities on Keuka Lake! A 17 unit motel and innkeeper's quarters where the proprietors greet all newcomers, and repeat travelers, with welcoming arms. Whether staying for the night, weekend, or the week, while your guests explore the lake, fishing, taking advantage of numerous parks, it is likely to become their favorite home-away. All units are equipped with kitchenettes and are as neat & clean and comfortable as can be. Lake views, quality restaurants, wineries, craft beers and distilleries abound, in addition to events at Keuka College and concerts around the lake. This wonderful opportunity comes with a shared dock and the right for you to keep your boat at that dock....what a great BONUS, and it is "TURNKEY", as most everything is staying with the property. If you are looking for the exception to the rule, in a mom & pop business, or maybe a boutique motel on the shores of the "Gem of the Finger Lakes", search no more.
Location
State NY
County Yates
Area Jerusalem-572689
Zoning 03
Direction From Penn Yan Village to Rte 54A towards Branchport to Lower West Lake Road, Penn Yan to #1756
Body of Water Keuka Lake
Rooms
Basement Partial
Interior
Heating Electric, Gas, Individual, Zoned, Baseboard, Forced Air
Cooling 1 Unit, Zoned
Flooring Carpet, Linoleum, Other, See Remarks, Vinyl
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Waterfront Description Beach Access,Deeded Access,Lake
View Y/N Yes
View Water
Roof Type Asphalt,Shingle
Present Use Hotel/Motel
Total Parking Spaces 30
Building
Lot Description Irregular Lot
Building Description Wood Siding, Office,Phone System,Pole Sign,Public Restrooms,Shelving
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Wood Siding
Construction Status Existing
Schools
School District Penn Yan
Others
Tax ID 572689-061-046-0001-005-000-0000
Security Features Intercom
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Standard
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Bought with Wine Trail Properties, LLC
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