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The Wilson House Restaurant & Inn 310 Lake St

7 Room Hotel Wilson, NY 14172 $945,000 ($135,000/Room)

Investment Highlights

  • Fully Renovated Historic Cobblestone Inn
  • Restaurant, Tavern & Hotel
  • Unlimited Potential
  • Event seating for 200+, can be divided to 3 dining areas
  • Stunning Restoration

Executive Summary

THE WILSON HOUSE Beautifully reclaimed & revitalized! A Historic Cobblestone Restaurant & Inn built in 1844. 10,000 sq ft building on a large corner parcel with parking for 70+. A UNIQUE OPPORTUNITY to purchase a fully renovated/restored building ready for business. An impressive blend of old & new throughout with seating for 200+. This cornerstone business has been a popular gathering spot for decades. Renovations beginning in 2016 include; all new roofing, siding, gutters, new electrical, duct work, 4 new furnaces, 4 HWTs, and a new expansive bar offering 16 taps and 23 stools at the bar. All 7 Inn rooms boast private baths and have been tastefully redesigned. Sale includes restaurant equipment and most furnishings. We are seeking the right entrepreneur to take this well-established business to the next level. THINK: Live here and run a Bed & Breakfast? Catering? Weddings? Air BnB? Short-term rentals? History tours? Or maybe ALL of the above. Beautiful harbor town boasts several marinas. Fishing Tournaments, Swimming, Sailing, Wineries. Lake Ontario 1 mile, 3 minutes by car. Short drive to Niagara Falls. The Wilson House is a unique hospitality destination!

Property Facts

Price $945,000
Price Per Room $135,000
Sale Type Investment
Sale Conditions Lease Option
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.80 AC
Building Size 8,118 SF
No. Rooms 7
No. Stories 2
Year Built/Renovated 1844/2016
Parking Ratio 2.22/1,000 SF
Corridor Interior

Amenities

  • Restaurant
  • Wheelchair Accessible
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 7 $132.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
294201-023-010-0001-001-000
Land Assessment
$13,600
Improvements Assessment
$321,400
Total Assessment
$335,000
  • Listing ID: 27422723

  • Date on Market: 1/3/2023

  • Last Updated:

  • Address: 310 Lake St, Wilson, NY 14172

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