For Sale
$3,400,000

4853 West Henrietta Road Henrietta, NY 14467

111-room hotel on 6.15 acres, high income potential.

Overview

Added:
Jan 28
Days on market:
90
This Days Inn, located in Henrietta, New York, at 4853 West Henrietta Road, 14467, offers a compelling investment opportunity. The 111-room hotel sits on a substantial 6.15-acre lot, providing ample space and potential for future development. The property boasts notable signage, a coin-operated laundry, and extensive outdoor space for guests. A significant revenue stream is generated by a restaurant/bar area, consistently producing over $6,000 in monthly income. The hotel's prime location, easily accessible from I-390 and I-90 (experiencing over 39,000 vehicles daily), ensures high visibility and strong potential for occupancy. This property presents several avenues for growth. It can continue operating as a hotel, potentially benefiting from a property improvement plan to boost revenue. Alternatively, restructuring management could significantly increase net operating income. Furthermore, the property's size and location make it highly suitable for conversion into multi-family housing, a currently untapped market in Henrietta with strong rental growth (7.5% increase in the past year). The asking price for this property is $3,400,000. The building size is 52,182 square feet. This presents a unique chance for investors and developers to capitalize on a thriving market and a versatile property with significant upside.

Highlights

  • 111-room Days Inn on 6.15 acres in Henrietta, NY, priced at $3,400,000.
  • Restaurant/bar generates over $6,000 monthly income.
  • Potential for conversion to multi-family housing in a strong rental market.

Property Details for 4853 West Henrietta Road

Property type
Hotels, Hospitality properties
Square Feet
52,182 SF
Price / Square Foot
$65.16
Year Built
1965
Elevators
N/A
Lot Size (sq. ft)
267,894 SF
Units
111

Location Insight

City
Henrietta
County
State
New York

FAQs

What type of property is this?
Hotel - 111-room hotel on 6.15 acres, high income potential.
Where is the hotel located?
The property is located at 4853 West Henrietta Road Henrietta, NY.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 111-room Days Inn on 6.15 acres in Henrietta, NY, priced at $3,400,000.; Restaurant/bar generates over $6,000 monthly income.; Potential for conversion to multi-family housing in a strong rental market.
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4853 West Henrietta Road
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