For Sale
$1,750,000

7434 Fair Haven RdHomer, NY 13077

Turn-key restaurant, marina, & lodging potential.

Overview

Added:
Feb 3
Days on market:
71
This exceptional 4,788 square foot commercial property, situated on a desirable 5.8-acre lot directly on Skaneateles Lake in Homer, NY, presents a rare investment opportunity. The sale includes an established, currently leased, turn-key restaurant business and a thriving marina operation, complete with all associated equipment. The marina currently boasts 29 slips generating income between $1850 and $1950 each, and 10 pontoon lifts at $2350 each, with significant potential for expansion. Recent improvements have significantly enhanced the property's value and operational efficiency. These include a complete marina dredging, a new seawall, tree removal, new docks, and the installation of 10 new pontoon lifts. The main building has also undergone substantial renovations. This includes a new roof on half the building, replacement windows and insulation on the second floor, a complete renovation of a second-floor suite, and a new well and water treatment system. The restaurant itself has also benefited from upgrades, including a new dishwasher, a new fryer, an upgraded Ansul system and exhaust hood, and new flooring. A new second-floor exit with a covered stairwell has also been added. This property offers substantial income potential from the existing marina, restaurant, and lodging opportunities, with significant room for future expansion and development. Priced at $1,750,000, this is a truly unique opportunity to acquire a profitable and highly desirable commercial property on the shores of Skaneateles Lake.

Property Details for 7434 Fair Haven Rd

Property type
Commercial real estate
Square Feet
4,788 SF
Year Built
1900
Lot Size (sq. ft)
252,648 SF

Location Insight

City
Homer
County
Cortland
State
New York
Latitude
42.76612
Longitude
-76.26778
7434 Fair Haven Rd, Homer, New York

FAQs

What type of property is this?
Commercial real estate - Turn-key restaurant, marina, & lodging potential.
Where is the commercial real estate located?
The property is located at 7434 Fair Haven Rd Homer, NY.
What is the asking price?
The asking price for this property is $1,750,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7434 Fair Haven Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message