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John Becks Hotel 3302 Main St

7 Room Hotel Mexico, NY 13114 £302,180 (£43,169/Room)

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Executive Summary

Prime Location in Mexico, NY Located in the heart of the downtown business/historical district with proximity to major corporate offices, retail centers, and public transport. This property has been awarded a Restore NY Grant (“Grant”) (1) for $1,836,000. This Grant is for capital improvements on the structure only for rehab and repairs to bring back to a commercially viable use. There is an approved plan for a mixed use of Short term rentals (5 studios), 2 long term apartments, and a Cafe/Restaurant on the lower level. Other options are possible to create brewery/cidery or other food and retail services. Property is located just 20 miles away from the new Micron Technology semiconductor plant site in Clay, NY. This quaint Village is centrally located near world-class Salmon Fishing and in close proximity to Lake Ontario (Oswego), Syracuse (Route 81), Salmon River (Pulaski), and Watertown.

Watters disclosures

Property Facts

Price	£302,180	Building Size	5,461 SF
Price Per Room	£43,169	No. Rooms	7
Sale Type	Investment	Number of Floors	2
Property Type	Hospitality	Year Built	1838
Property Subtype	Hotel	Parking Ratio	0.5/1,000 SF
Building Class	C	Corridor	Exterior
Lot Size	0.59 AC

Price	£302,180
Price Per Room	£43,169
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.59 AC
Building Size	5,461 SF
No. Rooms	7
Number of Floors	2
Year Built	1838
Parking Ratio	0.5/1,000 SF
Corridor	Exterior