$7,300,000
( $365.00Per Sq Foot )
$39,188 est/mo Sourced by Back At You356 Elmira Road,Ithaca, NY 14850
Ithaca, NY 14850
Description
Take advantage of the opportunity to own the Quality Inn Motel, located at 356 Elmira Road in Ithaca, New York. This property features 80 guest rooms and is ideally situated near Cornell University, Elmira College, and the scenic Finger Lakes, including Seneca Lake. A Property Improvement Plan (PIP) has been completed, and the franchise agreement can either be renewed or converted, providing flexibility for investors.
Details
| MLS # | 975466 |
|---|---|
| Listing Type | For Sale |
| Style | Hotel/motel |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 157 |
| Listing Provided By | Cross Island Realty One Inc | Ipe K. Kurian |
Features
| SQ Feet | 20,000 |
|---|---|
| Basement | Y |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Electric, Hot Water, Natural Gas |
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 65000 |
Area Information
| State | NY |
|---|---|
| County | Out of Area |
| City | Ithaca |
| Zip Code | 14850 |
| Listing VS Median (in 14850) | |
Price: $7,300,000 low | high Med: $7,300,000 sqft: 20,000 low | high Med: 20,000 $ / sqft: $365 low | high Med: $365 On site: 157 low | high Med: 157 | |
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Learn More About This Property
| State | NY |
|---|---|
| County | Out of Area |
| City | Ithaca |
| Zip Code | 14850 |
| Listing VS Median (in 14850) | |
Price: $7,300,000 low | high Med: $7,300,000 sqft: 20,000 low | high Med: 20,000 $ / sqft: $365 low | high Med: $365 On site: 157 low | high Med: 157 | |
Listing Updated: July 9, 2026 at 3:20:01 PM PDT