7304 E Main Street Lima, NY $ 499,000
7304 E Main Street
$ 499,000
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7304 E Main Street

Lima, NY, 14485
$ 499,000
Baths0.0 Sq 13,032

Monthly Estimate*

$ 3,486

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Studio

Commercial Property for sale in Lima, NY

for $499,000. This 13,032 square foot building was built in 1840 on a lot size of 0.23.

A rare opportunity to own an iconic, turn-key business. The American Hotel of Lima has been the center of area history for over 230 years. Located at the gateway to the Finger Lakes Region, the present day building was built in 1840, and is currently operated as a full service bar, hotel, and event space, with many of the second floor rooms available for rent, and a spacious event space for larger gatherings. The property has recently been the recipient of a preservation award from NYS and The Landmark Society of Western NY, to rebuild the front portico. The possibilities for this multi-use facility, at this high traffic/visibility location, are endless. This facility would be a successful location for a tasting room for any of the hundreds of local wineries, breweries and distillers, with a perfect setting for outdoor dining or beer garden. Other options are a test kitchen, boutique hotel, and so much more! The American Hotel of Lima is ready for the next charter in its' life!

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,366

Style

Commercial

Lot Size

0.23

Year Built

1840

Town/City

Lima

County/Region

Livingston

MLS | Web ID

R1532102

Features
General
Sewer PublicSewer
Heating Gas HotWater
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Flat
Zoning 05
Construction Materials Block
Year Built 1840
Electric Item3Phase
Stories 3
Township Lima-Village
Property SubType Commercial
Business Type BarTavernLounge
County Livingston
Property Type CommercialSale
Possible Use HotelMotel
Garage Y/N Yes
Status Active
City Lima
High School District Honeoye Falls-Lima
Zoning Description Commercial
Total Units 0
MLS Area Lima-Village-243201
Waterfront Y/N No
Street Name Main
Year Built Details Existing
Tax Annual Amount 5366.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 0
Standard Status Active
Middle/Junior School District Honeoye Falls-Lima
Elementary School District Honeoye Falls-Lima
Tax Assessed Value 168500
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 77
Property Sub Type Additional Commercial
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Interior
Basement Full
Flooring Hardwood Linoleum Other SeeRemarks Varies Vinyl
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OnSite
Lot Features IrregularLot
Water Source Public
Total Parking 15.0
Inclusions Equipment Land Building and Business
Lot Size Area 0.23
Number of Buildings 1
Building Area Total 13032.0
Lot Dimensions 42X244
Lot Size Acres 0.23
Lot Size Units Acres
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Internal Only
Street Number 1 7304
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* Excluded Features
List By
Re/Max Realty Group

Broker

(585) 354-0367

Phone

Affordability Calculator

$3,933
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,486
Monthly Property Taxes
$447
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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Nearby
3324018 Elementary School
3323536 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$499,000 Listed Price

Map


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7304 E Main Street, Lima, NY, 14485 is a Commercial Property for sale at $499,000 with 13,032 sqft and a lot size of 0.23. 7304 E Main Street is a studio with 0.0 baths and was built in 1840. The property's zip code is 14485 which is in Lima, NY