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Colonial Court Motel 1009 Main St

13 Room Hotel Cobleskill, NY 12043 $499,900 ($38,454/Room)

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Investment Highlights

Turnkey diner waiting for new ownership.
Great investment opportunity in Cobleskill.

Full line of kitchen equipment, walk-in refrigerator, two walk-in freezers.

Executive Summary

Excellent business opportunity! Restaurant/motel/private residence. 3200sqft turnkey restaurant/diner; seating for 129plus. Full line of kitchen equipment, walk-in refrigerator, two walk-in freezers, and full basement for storage. Eleven room motel most recently used for short term rentals. Also, 2 bed 1 bath detached single family home. Ample parking, Route 7 location with high car count, long sight distance for great visibility. Located between Walmart Supercenter, Dunkin, Mobile Gas Service and Super 8. 2.43 acres with 320ft of road frontage. A must see!

Property Facts

Price	$499,900	Building Size	10,025 SF
Price Per Room	$38,454	No. Rooms	13
Sale Type	Investment	No. Stories	1
Property Type	Hospitality	Year Built	1991
Property Subtype	Hotel	Parking Ratio	3.19/1,000 SF
Building Class	C	Corridor	Exterior
Lot Size	2.43 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$499,900
Price Per Room	$38,454
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	2.43 AC
Building Size	10,025 SF
No. Rooms	13
No. Stories	1
Year Built	1991
Parking Ratio	3.19/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.