$1,850,000

125 North Main Street, Arcadia, NY 14513

  • 67,100 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon2.77acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $28/sqft
  • Property List Date Icon 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Norman R Kelley Intermediate School

316 W Miller St, Newark, NY, 14513

Grades 3-5

0.32 miles away

N

Newark Middle School

701 Peirson Ave, Newark, NY, 14513

Grades 6-8

1.14 miles away

N

Newark Senior High School

625 Peirson Ave, Newark, NY, 14513

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.