Investment Opportunity! Unlock the potential of this 15-unit motel located minutes from Colgate University, Morrisville College, and the heart of Sherburne, NY. Built in 1971 and currently offering 7 income-producing units, this property is primed for an investor ready to elevate it with thoughtful upgrades. Its high-visibility location and steady regional traffic make it an ideal value-add project with considerable upside. Bring your vision! A rare chance to shape a hospitality asset, and ideal for operators seeking a strong long-term potential opportunity. Revitalizing this property offers the chance to boost local tourism, create jobs, and provide dependable accommodations that benefit residents, travelers, and Central New York communities. Being sold As Is. There are two tax parcels (.38 acres and .27 acres) being sold together. Schedule a showing today!
Listing By
Agency Name: Howard Hanna
Agency Contact: 607-373-0393
Shown By
Agent Name: John Grassi
Agent Phone: (716) 432-9627
Agency Title: MJ Peterson Real Estate
63 N Main Street | MLS# R1679461
This commercial property located at 63 N Main Street, Sherburne, NY 13460 is currently listed for sale with an asking price of $280,000. N Main Street is located within the Sherburne-Earlville school district. Search Sherburne real estate on jgrassi.mjpeterson.com today.