5764 Lake Rd - Specialty FOR SALE


Burt, NY 14028
$2,150,000 USD
716-870-3273
5764 Lake Rd, Burt, NY for Sale
$2,150,000 USD
Specialty - FOR SALE
1/30
null | Request Cap Rate

5764 Lake Rd
Burt, NY 14028


HIGHLIGHTS

  • 47 Acre parcel, adjacent to Olcott Harbor, abuts 18 Mile Creek
  • Currently 11 rm Motel, Restaurant, Convenience Store and RV Park
  • Could easily be expanded for additional uses and conveniences

OVERVIEW

5764 West Lake Road, Commercial property, available for sale. Located in Olcott, NY, this property is adjacent to Olcott Harbor, Lake Ontario, and abuts 18 Mile Creek, fronting on the corner of Rte. 18 and West Creek Road. The 47-acre property is zoned commercial and currently operates an 11-room Harbor Motel, the Northern Pier Restaurant, RV Park with 70 rentals, and an operating Gas/Convenience store. In addition, the property offers 4 prebuilt cabins that you could sell or prepare for use as rentals. The C-Store is in its 1st year of a 3-year lease / with two 3-year options. The RV location has 70 rental spots with the possibility to expand. The Olcott Harbor Motel-10 rental rooms with 1 apt. The Harbor Restaurant is presently vacant. There are four (4) built cabins ready to be placed on the West Creek side of the property which could be sold or rented or used as Air B&B rentals. Restaurant is 4000 sq ft, with full kitchen, table and chairs with banquet room. Tractors/equipment available for purchase.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Olcott Harbor Resort

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Trailer/Camper Park

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

47 AC

LAND SF

2,047,320 SF

ZONING

REC-NEC

APN/PARCEL ID

292800-014-000-0002-002-000

ASK ABOUT THIS PROPERTY

Brenda BrazeauColdwell Banker IntegrityMore Info
716-870-3273

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Brenda BrazeauColdwell Banker IntegrityMore Info
716-870-3273

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