A rare opportunity to own an iconic, turn-key business. The American Hotel of Lima has been the center of area history for over 230 years. Located at the gateway to the Finger Lakes Region, the present day building was built in 1840, and is currently operated as a full service bar, hotel, and event space, with many of the second floor rooms available for rent, and a spacious event space for larger gatherings. The property has recently been the recipient of a preservation award from NYS and The Landmark Society of Western NY, to rebuild the front portico. The possibilities for this multi-use facility, at this high traffic/visibility location, are endless. This facility would be a successful location for a tasting room for any of the hundreds of local wineries, breweries and distillers, with a perfect setting for outdoor dining or beer garden. Other options are a test kitchen, boutique hotel, and so much more! The American Hotel of Lima is ready for the next charter in its' life!
The median home value in Lima, NY is $185,000. This is lower than the county median home value of $188,100. The national median home value is $338,100. The average price of homes sold in Lima, NY is $185,000. Approximately 69.73% of Lima homes are owned, compared to 16.34% rented, while 13.93% are vacant. Lima real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lima real estate agent to arrange a tour today!
Lima, New York has a population of 4,130. Lima is more family-centric than the surrounding county with 32.35% of the households containing married families with children. The county average for households married with children is 23.97%.
The median household income in Lima, New York is $73,906. The median household income for the surrounding county is $64,467 compared to the national median of $69,021. The median age of people living in Lima is 39.2 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 34.4 inches per year, with 68.1 inches of snow per year.