Property Address: 14369 Ridge Road
Albion, NY 14411
Contact: Matt Chatfield, Agent
1657 East Avenue
Rochester, New York 14610
Contact Email: email@example.com
Contact Telephone: 585-315-0216
Contact Toll-free: n/a
Contact Fax: n/a
Property URL: http://listing.realtogs.com/bt/14369_Ridge_Road.html
Date Business Established: n/a
Trade Association Affiliations: n/a
Area Description: Conveniently located halfway between Buffalo/Niagara Falls and Rochester/Finger Lakes regions, Tillman’s Village Inn/Fair Haven Inn sits along an historic Stage Coach route just outside the Village of Albion, NY. Surrounded by orchards and agricultural fields, the 7-acre property is located within the Cobblestone Museum National Historic Landmark District, and is situated on the Erie Canalway National Heritage Corridor, Great Lakes Seaway Trail, and the Niagara Wine Trail. Concerts, classic car shows, festivals and fishing derbies are just a sampling of what’s taking place in Orleans County.
Site Description: Rare opportunity to own a unique piece of Western NY History! This 196-year old facility has been in the same family for nearly 70 years. This restaurant, banquet, retail and lodging facility is perfect for the investor or an experienced operator! Former Owners Quarters is still present on the 2nd floor of the Stage Coach. The 4-building complex generates $1.3m in annual sales. Property sold in fully turn-key condition, with trained and experienced staff.
- 8 guest suites in 2 buildings
- 11,000 sq. ft. restaurant w/seating for 200+
- 1824 Carriage House Banquet Hall – Seating for 250
- 1,300 sq. ft. Gift Shop
Structural Description: The earliest components of Tillman’s Village Inn/Fair Haven Inn date to 1824, with post and beam construction. Additions and renovations ensued since the 1950s, with the most recent 1,290 sq. ft. addition to the banquet hall completed in 2014.
Offering: Property is offered at $750,000.
- Occupancy: 54%
- Average Daily Rate: $80.00
- Income from Room Sales: $125,000
- Property Taxes: $10,038
- Electric: n/a
- Water & Sewer: n/a
- Gas: n/a
- Insurance: n/a