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Olcott Harbor Resort 5764 E Lake Rd Immeuble | 1 214 m² | Spécialité | À vendre 1 883 873 € | Taux de capitalisation 18,93 % | Burt, NY 14028

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Informations principales sur l'investissement

47 Acre parcel, adjacent to Olcott Harbor, abuts 18 Mile Creek
Could easily be expanded for additional uses and conveniences

Currently 11 rm Motel, Restaurant, Convenience Store and RV Park

Résumé analytique

5764 West Lake Road, Commercial property, available for sale. Located in Olcott, NY, this property is adjacent to Olcott Harbor, Lake Ontario, and abuts 18 Mile Creek, fronting on the corner of Rte. 18 and West Creek Road. The 47-acre property is zoned commercial and currently operates an 11-room Harbor Motel, the Northern Pier Restaurant, RV Park with 70 rentals, and an operating Gas/Convenience store. In addition, the property offers 4 prebuilt cabins that you could sell or prepare for use as rentals. The C-Store is in its 1st year of a 3-year lease / with two 3-year options. The RV location has 70 rental spots with the possibility to expand. The Olcott Harbor Motel-10 rental rooms with 1 apt. The Harbor Restaurant is presently vacant. There are four (4) built cabins ready to be placed on the West Creek side of the property which could be sold or rented or used as Air B&B rentals. Restaurant is 4000 sq ft, with full kitchen, table and chairs with banquet room. Tractors/equipment available for purchase.

5764 W Lake Survey

Informations sur l’immeuble

Prix	1 883 873 €	Sous-type de bien	Parc de campeurs/caravanes
Prix par m²	1 552,07 €	Classe d’immeuble	C
Type de vente	Investissement ou propriétaire occupant	Surface du lot	12,2 ha
Taux de capitalisation	18,93 %	Surface de l’immeuble	1 214 m²
Condition de vente	Valeur opérationnelle comprise	Nb d’étages	1
Type de bien	Spécialité	Année de construction	1985
Zonage	Commercial

Prix	1 883 873 €
Prix par m²	1 552,07 €
Type de vente	Investissement ou propriétaire occupant
Taux de capitalisation	18,93 %
Condition de vente	Valeur opérationnelle comprise
Type de bien	Spécialité
Sous-type de bien	Parc de campeurs/caravanes
Classe d’immeuble	C
Surface du lot	12,2 ha
Surface de l’immeuble	1 214 m²
Nb d’étages	1
Année de construction	1985
Zonage	Commercial

À propos 5764 E LAKE RD , BURT, NY 14028

5764 West Lake Road presents a rare specialty asset combining multiple income streams on 47 acres in Olcott, NY. Situated at the corner of Route 18 and West Creek Road, this property borders Olcott Harbor and Lake Ontario while abutting 18 Mile Creek, creating a unique waterfront setting with exceptional visibility and access. The site features a total gross building area of 13,065 square feet in a single-story structure built in 1984, offering REC-NEC zoning. Improvements include an 11-room Harbor Motel with an additional apartment, a 4,000-square-foot Northern Pier Restaurant equipped with a full kitchen, banquet space, and dining furnishings, and an RV park that currently provides 70 rental pads with potential for expansion. The property also includes four pre-built cabins ready for use as rentals, resale, or vacation stays such as Airbnb. A gas station/convenience store operation occupies the premises under the first year of a three-year lease with two optional three-year extensions, offering steady income potential. Interior features include air conditioning, smoke detectors, and shower facilities. Tractors and select equipment are available for purchase, providing additional operational value. This multi-faceted property supports various business and redevelopment opportunities, from hospitality and lodging to recreational and seasonal ventures in a desirable lakeside location.