Lima NY Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
13,032
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1840
Baths:
MLS#:
R1532102

ADDITIONAL INFORMATION

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!

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Lima Real Estate

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.

Lima Weather

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.

Lima Real Estate Market Conditions

  • Median sales price

    $185,000
    11.7% change since last quarter
  • # Active listings

    4
    30-day change

Lima Schools and Demographics

Education near Lima, NY

Metric City County
High School Graduates 93.82 91.86
College Degree - 2 year 15.46 13.68
College Degree - 4 year 38.4 28.9
Graduate Degree 10.54 10.26
Expenditures per Student 24,865 24,865
Students per Teacher 9.9 9.9

Elementary Schools near Lima, NY

School Grades Students P/T Ratio ZIP
Avon Primary School KG - 04 376 12.7 14414
Bloomfield Elementary School PK - 05 422 11.7 14469
Lima Elementary School KG - 01 267 14.1 14485
Livonia Elementary School PK - 05 730 11.4 14487
Manor Intermediate School 02 - 05 647 15.8 14472

Middle Schools near Lima, NY

School Grades Students P/T Ratio ZIP
Avon Middle School 05 - 08 312 16.4 14414
Bloomfield Middle School 06 - 08 210 31.8 14469
Honeoye Falls-Lima Middle School 06 - 08 563 12.7 14472
Livonia Middle School 06 - 08 386 13.3 14487

High Schools near Lima, NY

School Grades Students P/T Ratio ZIP
Avon High School 09 - 12 316 13.5 14414
Bloomfield High School 09 - 12 319 19.9 14469
Honeoye Falls-Lima Senior High School 09 - 12 795 14.2 14472
Livonia Senior High School 09 - 12 538 13.9 14487

Demographics near Lima, NY

Metric City County
Neighborhood Type Small town
Population 4,130 62,253
Population Density 130 99
Median Age 39.2 41.7
People per Household 2.6 2.3
Median Household Income 73,906 64,467
Average Income per Capita 33,221 33,015