125 North Main Street, Arcadia, NY 14513
- 67,100 sqft
Commercial Property
Built in 1978
2.77acre lot
—— car garage
$28/sqft
Listed 4 days ago
Property Description
Presenting a rare opportunity to acquire a 107-room hotel with a longstanding history of success, ideally located in the heart of Newark, New York—just steps from the scenic Erie Canal waterway and centrally positioned within the renowned Finger Lakes region. Situated on 2.77 acres of prime commercial real estate, this expansive 67,100 square foot, two-story concrete structure combines durability with functionality. The property is designed to accommodate both leisure and business travelers, offering a full suite of amenities. Indoor swimming pool with a retractable roof is ideal for year-round use. Spacious banquet and event room are perfect for weddings, conferences, and community gatherings. On-site bar/lounge caters to guests and locals alike. Ample parking and high visibility in a high-traffic corridor. The location offers unmatched convenience and charm, with walkable access to local shops, dining, and recreational areas along the Erie Canal. With its strong regional identity, this property is poised for continued profitability and potential repositioning under a national or boutique flag. Prime Finger Lakes location near Rochester and Syracuse. Whether you're looking to expand your hospitality portfolio or invest in a cornerstone property in one of upstate New York’s most desirable regions, this hotel offers solid cash flow potential with upside for redevelopment or brand affiliation. Possible redevelpment opportunities through NYS Development Finger Lakes Region and Wayne County Economics.
- Listing Status:
- Active
- Date Added:
- July 25, 2025 at 05:00AM
- Listing Office:
- Hunt Real Estate ERA : 315-622-5757
- Listing Agent:
- Tamela Hoffman : 315-622-5757
- MLS ID:
- S1625395

- Flooring: CarpetLinoleumVinyl
- A/C: Central Air
- Heating: Gas
- Fireplace: Fireplaces: 0
This listing courtesy of Tamela Hoffman, Hunt Real Estate ERA
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Norman R Kelley Intermediate School
316 W Miller St, Newark, NY, 14513
Grades 3-5
0.32 miles away
Newark Middle School
701 Peirson Ave, Newark, NY, 14513
Grades 6-8
1.14 miles away
Newark Senior High School
625 Peirson Ave, Newark, NY, 14513
Grades 9-12
0.97 miles away