$1,750,000
About this home
Presenting a rare opportunity to acquire a 107-room hotel with a longstanding history of success, ideally located in the heart of Newark, New York—just steps from the scenic Erie Canal waterway and centrally positioned within the renowned Finger Lakes region. Situated on 2.77 acres of prime commercial real estate, this expansive 67, 100 square foot, two-story concrete structure combines durability with functionality. The property is designed to accommodate both leisure and business travelers, offering a full suite of amenities. Indoor swimming pool with a retractable roof is ideal for year-round use. Spacious banquet and event room are perfect for weddings, conferences, and community gatherings. On-site bar/lounge caters to guests and locals alike. Ample parking and high visibility in a high-traffic corridor. The location offers unmatched convenience and charm, with walkable access to local shops, dining, and recreational areas along the Erie Canal. With its strong regional identity, this property is poised for continued profitability and potential repositioning under a national or boutique flag. Prime Finger Lakes location near Rochester and Syracuse. Whether you're looking to expand your hospitality portfolio or invest in a cornerstone property in one of upstate New York’s most desirable regions, this hotel offers solid cash flow potential with upside for redevelopment or brand affiliation. Possible redevelpment opportunities through NYS Development Finger Lakes Region and Wayne County Economics.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $17,129
- Utilities
- $30,485
- Transportation
- $0
- Other (entertainment)
- $133
Quick facts
At a glance
Home features
Lot features
Rectangular, RectangularLot
Neighborhood — 14513
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 14,739 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | -3.00% | 8.00% | 20.00% |
| Population Density | 330 | 395 | — |
| Male | 7,075 | 9,381,926 | 147,432,321 |
| Female | 7,663 | 9,969,168 | 151,655,844 |
| Never Married | 2,858 | 4,946,391 | 63,775,926 |
| Married | 5,912 | 7,166,701 | 123,120,365 |
| Separated | 1,056 | 1,159,673 | 12,639,686 |
| Widowed | 1,035 | 1,110,245 | 15,467,586 |
| Divorced | 1,212 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 5,370 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 2.64 | 2.64 | 2.60 |
| Medial Age | 40.09 | 36.53 | 35.46 |
| Median House Hold Income | $42,372 | $49,847 | $48,276 |
| Average House Hold Income | $57,561 | $70,032 | $63,629 |
| P C I | $22,108 | $26,569 | $24,529 |
| M D I | $36,864 | $42,210 | $41,133 |
| A T H E | $47,931 | $54,185 | $50,898 |
| S T R | 8.00% | 4.00% | — |
| W C J | 82.29% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 7/25/2025. Provided courtesy of Hunt Real Estate ERA via Buffalo MLS. Information deemed reliable but not guaranteed.