Excellent investment opportunity: three motel buildings totaling 20 rooms plus a separate single-family house on 1.59 acres of commercially zoned land. Ideal for investors or developers looking to restore, convert, or redevelop into income-producing property.
Price: $229,999
Owner financing available
Property Highlights:
20 existing motel-style units
Separate house for rental or management use
Public water available
Commercial zoning – flexible use options
Prime location on State Route 5 with strong visibility
Minutes to downtown Herkimer, schools, and shopping
Perfect for conversion to studio or one-bedroom apartments, long-term rentals, or mixed-use redevelopment. Property requires full rehab.
Cash or owner financing available. Sold as-is.
Keywords: Herkimer NY investment property, motel for sale NY, redevelopment opportunity, multifamily conversion, income property Herkimer