Address
6590 S Cayuga Lake Rd, Ovid, NY
Price
$ 1,750,000
Property Attributes
- MLS#R1519779
- TypeCommercial
- CountySENECA
- CityOvid
- AreaOvid
- Zip14521
- StyleBusiness
- Year Built1969
- Taxes$ 11186
- Price$ 1,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2300
- Lot Size57.7 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description
Sned Acres offers a great investment opportunity for the discerning investor, located right on the wine trail in the beautiful Finger Lakes. Campers have enjoyed this 57 acre camp and consistently returned year after year. Word of mouth is the only advertising and still, there is a waiting list of 75 people for seasonal camping sites. Demand is strong offering tremendous opportunity to grow. There are currently 43 seasonal sites, 34 full hook-up sites, 7 cabins, 5 rental trailers (with sites for three more) and at least 14 tent sites. The Airbnb home and its 6 acres is not included in this sale but may be added to this sale. The immediate upside potential consists of raising rates, using the main house on the property as an Airbnb, and adding the 14 approved camping sites. These improvements can all be accomplished in year one and would tremendously increase overall value and gross revenue. There is a camp store. There are additional opportunities which include; a second approved pool, along with a Recreational building with an apartment above. This is an ideal space for a full time on-site staff member to be housed, offsetting their salary requirements.
| Price History | |
|---|---|
| 2/6/2024 | Listed $1,750,000 |
General Features
| Sewer | SepticTank |
|---|---|
| Heating | Propane,ForcedAir |
| Possession | Closing |
| Roof | Asphalt,Metal,Shingle |
| Zoning | R-1 |
| Construction Materials | WoodSiding |
| Year Built | 1969 |
| Township | Not Applicable |
| Property SubType | Business |
| Gross Income | 435000.0 |
| County | Seneca |
| Net Operating Income | 239814.0 |
| Operating Expense | 184000.0 |
| Property Type | CommercialSale |
| Possible Use | Other,Service |
| Building Features | Office |
| Status | Active |
| City | Ovid |
| High School District | South Seneca |
| Zoning Description | Agricultural |
| MLS Area | Ovid-452889 |
| Waterfront Y/N | No |
| Street Name | S Cayuga Lake Rd |
| Year Built Details | Existing |
| Tax Annual Amount | 11186.0 |
| Property Condition | Resale |
| Lease Considered Y/N | No |
| Days on Market | 10 |
| Standard Status | Active |
| Middle/Junior School District | South Seneca |
| Elementary School District | South Seneca |
| Tax Assessed Value | 335700 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Tax Lot | 41 |
| Property Sub Type Additional | Business,Commercial |
Interior Features
| Heating Y/N | Yes |
|---|---|
| Fireplace Y/N | No |
Exterior Features
| Parking Features | Driveway,OnSite |
|---|---|
| Water Source | Well |
| Total Parking | 130.0 |
| Inclusions | Land,Building and Business |
| Lot Size Area | 57.7 |
| Number of Buildings | 11 |
| Building Area Total | 2300.0 |
| Lot Size Acres | 57.7 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 14521
Price
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome
