$595,000

About this home

Incredible Investment Opportunity! Unlock the potential of this unique, income-producing property located on high-visibility Hwy 5 & 20. Anchored by a 2, 400 sq/ft shell retail building—currently leased for $1, 500/month—this 1.54-acre site offers both immediate income and exceptional future upside. The property also includes five charming 12’ x 20’ log cabins (tiny homes) nestled in a peaceful campground setting, each undergoing full interior renovation—Cabin 4 is already complete. Customize the remaining cabins to your preference or let the seller finish them for you. Enjoy 133 feet of direct water frontage on the serene Cayuga-Seneca Canal with a private dock that accommodates multiple boats—perfect for lake lovers and vacationers. Utilities are in place, including sewer, water, electric, and high-speed internet, making this a low-maintenance, year-round opportunity—not just seasonal! Whether you're seeking a seasonal vacation rental compound, Airbnb/Vacasa investment, or a family retreat, this property is ready to perform. Plus, there are 6 additional sites available for more tiny homes or RV rentals to further increase revenue. Bonus investor perks: Seller guarantees a 10% capitalization rate for the first year and offers owner financing to qualified buyers. Don’t miss this rare chance to own a versatile, multi-use property in a growing waterfront destination!

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Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

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Home features

Lot features

Rectangular, RectangularLot

Neighborhood — 13165

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability