6590 S Cayuga Lake Rd Ovid, NY $ 1,750,000
6590 S Cayuga Lake Rd
$ 1,750,000
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6590 S Cayuga Lake Rd

Ovid, NY, 14521
$ 1,750,000
Baths0.0 Sq 2,300

Monthly Estimate*

$ 11,631

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Studio

Commercial Property for sale in Ovid, NY

for $1,750,000. This 2,300 square foot building was built in 1969 on a lot size of 57.7.

Sned Acres offers a great investment opportunity for the discerning investor, located right on the wine trail in the beautiful Finger Lakes. Campers have enjoyed this 57 acre camp and consistently returned year after year. Word of mouth is the only advertising and still, there is a waiting list of 75 people for seasonal camping sites. Demand is strong offering tremendous opportunity to grow. There are currently 43 seasonal sites, 34 full hook-up sites, 7 cabins, 5 rental trailers (with sites for three more) and at least 14 tent sites. The Airbnb home and its 6 acres is not included in this sale but may be added to this sale. The immediate upside potential consists of raising rates, using the main house on the property as an Airbnb, and adding the 14 approved camping sites. These improvements can all be accomplished in year one and would tremendously increase overall value and gross revenue. There is a camp store. There are additional opportunities which include; a second approved pool, along with a Recreational building with an apartment above. This is an ideal space for a full time on-site staff member to be housed, offsetting their salary requirements.

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Commercial Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,186

Style

Business

Lot Size

57.7

Year Built

1969

Town/City

Ovid

County/Region

Seneca

MLS | Web ID

R1519779

Features
General
Sewer SepticTank
Heating Propane ForcedAir
Possession Closing
Roof Asphalt Metal Shingle
Zoning R-1
Construction Materials WoodSiding
Year Built 1969
Township Not Applicable
Property SubType Business
Gross Income 435000.0
County Seneca
Net Operating Income 239814.0
Operating Expense 184000.0
Property Type CommercialSale
Possible Use Other Service
Building Features Office
Status Active
City Ovid
High School District South Seneca
Zoning Description Agricultural
Total Units 0
MLS Area Ovid-452889
Waterfront Y/N No
Street Name S Cayuga Lake Rd
Year Built Details Existing
Tax Annual Amount 11186.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 10
Standard Status Active
Middle/Junior School District South Seneca
Elementary School District South Seneca
Tax Assessed Value 335700
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 41
Property Sub Type Additional Business Commercial
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Exterior
Parking Features Driveway OnSite
Water Source Well
Total Parking 130.0
Inclusions Land Building and Business
Lot Size Area 57.7
Number of Buildings 11
Building Area Total 2300.0
Lot Size Acres 57.7
Lot Size Units Acres
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Interior
Total Fireplaces 0
Total Stories 0
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Internal Only
Street Number 1 6590
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* Excluded Features
List By
Crane Realty

Broker

(585) 278-8660

Phone

Affordability Calculator

$12,563
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,631
Monthly Property Taxes
$932
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3323367 Elementary School
3323093 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$1,750,000 Listed Price

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6590 S Cayuga Lake Rd, Ovid, NY, 14521 is a Commercial Property for sale at $1,750,000 with 2,300 sqft and a lot size of 57.7. 6590 S Cayuga Lake Rd is a studio with 0.0 baths and was built in 1969. The property's zip code is 14521 which is in Ovid, NY