7304 E Main Street, Lima, NY 14485 | R1383715 | HUNT Real Estate

7304 E Main Street $550,000


    7304 E Main Street Lima, NY 14485

    • 13,032 sq. ft.
    • 0.23 Acres
    • Commercial
    • MLS# R1383715
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    Views: 90 Days On Site: 217

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    Property Details

    An incredibly 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, there has been an American Hotel on this site since 1790! The present day building was built in 1840, and is still currently operated as a full service bar, hotel, and event space, with many of the second floor rooms available for rent, and a spacious party room for larger gatherings. The American Hotel has recently been added to the list of the National Register of Historic Places and it is ready to start the next chapter of its life. The possibilities for this multi-use facility, at this high visibility location, at the intersection for routes 20 & 15A, 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 an outdoor beer garden. Other options are a test kitchen, bout

    • General Features
      • Waterfront Y/N 0
      • YearBuilt 1840
      • Area Lima-Village-243201
      • Tax Annual Amount $6,690
    • Building Features
      • Basement Full
      • Building Area Total 13032
      • Electric 3 Phase
      • Number Of Units Total 0
      • Roof Rubber
      • Garage Y/N 1
      • Heating Gas, Steam
      • Heating Y/N 1
    • Property Features
      • Lot Size Acres 0.23
      • Lot Size Dimensions 42X244
      • Parking Features On Site



    14485 (Lima) Demographics

    42 Median Age
    112 Population Density (per sq. mile)
    49% College Educated
    $58,932 Estimated Median Income
    1,196 Estimated Total Home Owners
    355 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,976 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $205,000 Median Sales Price
    4 Homes Sold
    4 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $550,000
        1/4/2022 5:29:00 PM New in Database Source: Multiple Listing Service New Value: $550,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.