33 County Road 60 - Hospitality FOR SALE


Waverly, NY 14892
$180,000 USD
607-592-1756
33 County Road 60, Waverly, NY for Sale
$180,000 USD
Hospitality - FOR SALE
1/28
null | Request Cap Rate

33 County Road 60
Waverly, NY 14892


HIGHLIGHTS

  • Historic hospitality property established in 1918 with a full-service restaurant, lounge, and 24 guest rooms.
  • Situated on 14.27 acres with panoramic views of the Chemung River Valley.
  • Convenient access to I-86 at Exit 60, serving as a gateway to the Finger Lakes region.
  • Includes large dining areas, bar, and event space suitable for weddings, banquets, and gatherings.
  • Positioned near Waverly and Sayre, with regional draw from Elmira and Binghamton.
  • Scenic setting ideal for redevelopment into a boutique inn or destination venue.

OVERVIEW

O’Brien’s Inn presents a rare opportunity to acquire a historic hospitality property in the Southern Tier of New York. Originally established in 1918, this landmark asset has evolved from a modest hot dog stand into a full-service destination featuring a restaurant, lounge, and 24 guest rooms. The property spans over 14 acres atop the rolling hills of Chemung County, offering sweeping views of the Chemung River Valley and a serene setting that attracts both leisure travelers and event guests. The three-story building includes a spacious dining area, bar, and event space, complemented by a large paved parking lot. Its location just off I-86 at Exit 60 ensures excellent regional connectivity, with easy access to the Finger Lakes region, a renowned destination for wineries, outdoor recreation, and tourism. The property’s proximity to Waverly, Sayre, and Elmira enhances its appeal for both overnight stays and dining traffic. With its rich history, scenic vistas, and strategic location, O’Brien’s Inn offers significant potential for repositioning as a boutique inn, event venue, or culinary destination. This is an exceptional chance to own a piece of New York’s hospitality heritage at an attractive price point.

FOR SALE DETAILS

PRICE

$180,000 USD

PRICE/SF

$13 USD /SF

# OF ROOMS

24

PRICE/ROOM

$7,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

O'Brien's Inn Hotel & Restaurant

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1918

PARKING SPACES

52

LAND DETAILS

LAND ACRES

14.27 AC

LAND SF

621,601 SF

ZONING

05

APN/PARCEL ID

072800-135-000-0001-009-000-0000

ASK ABOUT THIS PROPERTY

Thomas MullenMullen Real EstateMore Info
607-592-1756

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Thomas MullenMullen Real EstateMore Info
607-592-1756

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.