1. New York
  2. Lyons
  3. 7761 Route 31
$499,900

7761 Route 31, Lyons, NY 14489

  • 4,528 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon0.78acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $110/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Turnkey Investment Opportunity by the Erie Canal! Welcome to this fully occupied 11-unit income-producing property in the heart of Lyons! This unique motel features 9 guest rooms and 2 spacious apartments, offering a diverse range of rental income streams. Located on a high-visibility primary road and backing up to the scenic Erie Canal, this property offers both charm and incredible potential. Whether you’re an investor seeking cash flow or an entrepreneur with a vision, this property is packed with possibilities. While the building could use a bit of TLC, the strong occupancy and unbeatable location make it a rare gem. With consistent tenants and proximity to town amenities, this is your chance to own a piece of the Finger Lakes corridor with room to improve and grow. Don’t miss this opportunity to revitalize a classic and capitalize on its prime location.

Listing Status:
Active
Date Added:
June 20, 2025 at 05:00AM
Listing Office:
Empire Realty Group : 315-871-4000
Listing Agent:
Nancy Ramos : 315-359-0850
MLS ID:
R1616653
  • Heating: ElectricBaseboard
  • Fireplace: Fireplaces: 0

This listing courtesy of Nancy Ramos, Empire Realty Group

Monthly Payment

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

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Location

Schools Nearby

L

Lyons Elementary School

98 William St, Lyons, NY, 14489

Grades PK-6

1.22 miles away

L

Lyons Middle School

10 Clyde Rd, Lyons, NY, 14489

Grades 6-8

1.50 miles away

L

Lyons Senior High School

10 Clyde Rd, Lyons, NY, 14489

Grades 9-12

1.55 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.