Priced to sell: In Newark Village, 107 room hotel available adjacent to the Erie Canal, situated on 2.77 acres. Currently closed but could be reopened immediately. Hotel has approximately 57 rooms that are ready to be rented with the remaining needing minor renovation. Recent roof installed, guaranteed for 5 years. There is a 184 car parking lot in great shape. Hotel offers a spacious banquet room and event room, perfect for weddings, conferences and community gatherings. There is also an in ground, inside pool and hot tub area positioned inside the courtyard area with bottom floor rooms opening up to this space. This central location is walkable to local shops, dining and recreation areas along the Erie Canal. This property is poised for continued profitability and potential restructuring under a national or boutique flag. Situated in the Finger Lakes area, this hotel offers solid cash flow potential with upside for redevelopment or brand affiliation. Hotel qualifies for possible redevelopment opportunities through NYS development Finger Lakes region and Wayne Counties. Partial owner financing may be possible with qualified buyer. Possible pilot program available. Possible financing available from sellers to qualified buyer. Also have estimates available for reference.
PRIME COMMERCIAL SPACE IN THE HEART OF THE VILLAGE OF NEWARK! THIS PROPERTY OFFERS OUTSTANDING VISIBILITY AND HIGH FOOT TRAFFIC, MAKING IT THE PERFECT LOCATION FOR RETAIL, DINING, OFFICE, OR SERVICE BUSINESSES. ENJOY THE ADVANTAGE OF PARKING SPACES RIGHT OUT FRONT FOR CUSTOMER AND EMPLOYEE CONVENIENCE. APPROXIMATELY 20+ PARKING SPACES WHICH INCLUDE PUBLIC PARKING ON THE STREET. EVERYTHING IS NEW – ROOF, SIDING, WINDOWS, DOORS, ELECTRIC, PLUMBING, AND HVAC – GIVING YOU A MOVE-IN READY SPACE WITHOUT THE WORRY OF MAJOR UPGRADES. THE INTERIOR IS OPEN AND FLEXIBLE, PROVIDING A CLEAN SLATE TO DESIGN THE LAYOUT THAT FITS YOUR BUSINESS NEEDS. BE PART OF A GROWING COMMUNITY AND TAKE ADVANTAGE OF THIS RARE OPPORTUNITY TO ESTABLISH YOUR BUSINESS IN A HIGHLY VISIBLE, FULLY UPDATED LOCATION!
Turnkey Restaurant Opportunity with Apartment and Garage – Cross Park, Newark, NY. Are you ready to step into the restaurant business? Cross Park, a fully operational and well-established 182-seat restaurant in the heart of Newark, NY, is now available! This turn-key property includes everything you need to continue running a successful dining establishment or bring your own vision to life. Restaurant Highlights: 182 seats with a spacious dining area, perfect for accommodating large parties, events, or steady everyday business. Fully equipped kitchen with new walk-in freezer and all appliances included. Recently repaved parking lot offering ample parking for customers. A strong reputation and convenient location on State Route 31. Additional Features of the building: Second floor Three-bedroom apartment: Ideal for an owner-operator or rental income. Large garage: Great for storage or additional operational needs. All equipment, furnishings, and fixtures are included – just turn the key and start your business! This property is a rare opportunity to own a thriving restaurant with additional living or income potential in the Newark, NY community. Don’t miss your chance to invest in this gem! Take the first step toward your financial future and become the owner of Cross Park family restaurant.

Newark is located in New York. Newark, New York has a population of 9,049. Newark is less family-centric than the surrounding county with 25.84% of the households containing married families with children. The county average for households married with children is 27.51%.
The median household income in Newark, New York is $53,138. The median household income for the surrounding county is $64,152 compared to the national median of $69,021. The median age of people living in Newark is 38.4 years.
The average high temperature in July is 80.9 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 35.8 inches per year, with 73.9 inches of snow per year.