Address
7304 E Main Street, Lima, NY
Price
$ 499,000
Property Attributes
  • MLS#R1532102
  • TypeCommercial
  • CountyLIVINGSTON
  • CityLima
  • AreaLima-Village
  • Zip14485
  • StyleCommercial
  • Year Built1840
  • Taxes$ 5366
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13032
  • Lot Size10,019 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description

A rare opportunity to own an iconic, turn-key business. The American Hotel of Lima has been the center of area history for over 230 years. Located at the gateway to the Finger Lakes Region, the present day building was built in 1840, and is currently operated as a full service bar, hotel, and event space, with many of the second floor rooms available for rent, and a spacious event space for larger gatherings. The property has recently been the recipient of a preservation award from NYS and The Landmark Society of Western NY, to rebuild the front portico. The possibilities for this multi-use facility, at this high traffic/visibility location, are endless. This facility would be a successful location for a tasting room for any of the hundreds of local wineries, breweries and distillers, with a perfect setting for outdoor dining or beer garden. Other options are a test kitchen, boutique hotel, and so much more! The American Hotel of Lima is ready for the next charter in its' life!

Price History
4/16/2024 Listed $499,000

General Features

Sewer PublicSewer
Heating Gas,HotWater
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Flat
Zoning 05
Construction Materials Block
Year Built 1840
Electric Item3Phase
Stories 3
Township Lima-Village
Property SubType Commercial
Business Type BarTavernLounge
County Livingston
Property Type CommercialSale
Possible Use HotelMotel
Garage Y/N Yes
Status Active
City Lima
High School District Honeoye Falls-Lima
Zoning Description Commercial
MLS Area Lima-Village-243201
Waterfront Y/N No
Street Name Main
Year Built Details Existing
Tax Annual Amount 5366.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Honeoye Falls-Lima
Elementary School District Honeoye Falls-Lima
Tax Assessed Value 168500
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 77
Property Sub Type Additional Commercial

Interior Features

Basement Full
Flooring Hardwood,Linoleum,Other,SeeRemarks,Varies,Vinyl
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street

Exterior Features

Parking Features OnSite
Lot Features IrregularLot
Water Source Public
Total Parking 15.0
Inclusions Equipment,Land,Building and Business
Lot Size Area 0.23
Number of Buildings 1
Building Area Total 13032.0
Lot Dimensions 42X244
Lot Size Acres 0.23
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 14485

Price
AVG $350K
$500K
Taxes
AVG $4,889
$5,366
Visits
AVG 25
15
Data Provided by Inside Real Estate®
Year Built
AVG 1902
1840

Areas We Cover

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