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 Condition | 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 | 8.62/1,000 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 | - |
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PROPERTY TAXES
| Parcel Number | 294201-023-010-0001-001-000 | Improvements Assessment | $321,400 |
| Land Assessment | $13,600 | Total Assessment | $335,000 |
ZONING
| Zoning Code | Central Commercial (Central Commercial zoning area.) |
