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Pink Fountain Motor Inn 5474 Transit Rd

14 Room Hotel Depew, NY 14043 $649,000 ($46,357/Room)

Investment Highlights

  • Income/investment opportunity
  • Easily accessible location on Transit Road between Broadway & Walden Avenue
  • Ideal for: redevelopment, income/investment
  • 4,416 + SF 14-suite motel with office and 1,332 SF + house with garage
  • 140’ frontage on Transit Road with high traffic counts (28,171 AADT)

Executive Summary

Income/investment opportunity. 4,416 SF 14-suite motel with office. 1,332 SF house with garage. Easily accessible location on Transit Road between Broadway & Walden Avenue. 140' frontage on Transit Road with high traffic counts (28,171 AADT). Ideal for: redevelopment, income/investment.

Attachments

5474

Property Facts

Price $649,000
Price Per Room $46,357
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.63 AC
Building Size 5,748 SF
No. Rooms 14
No. Stories 1
Year Built 1964
Tenancy Single
Parking Ratio 2.78/1,000 SF
Corridor Exterior

Amenities

  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 14 $65.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
143003-104-610-0002-007-100
Land Assessment
$62,000
Improvements Assessment
$268,000
Total Assessment
$330,000

zoning

Zoning Code 05C (It is intended for rural land use, which may include agricultural activities, open space, or low-density residential development)
05C (It is intended for rural land use, which may include agricultural activities, open space, or low-density residential development)
  • Listing ID: 33324148

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 5474 Transit Rd, Depew, NY 14043

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