Lakeside Lodging

Description:

This exceptional lakeside property offers a unique investment opportunity with accommodations, including cottages, bungalows and a private house. Unit features include individual deck with furniture and a gas grill, providing picturesque views of Seneca Lake. All units are equipped with modern amenities, such as WiFi, flat-screen TVs with cable, coffee makers, microwaves, refrigerators, and air conditioning. Property boasts over 200 feet of lake frontage, a large dock, and a communal fire pit area, making it an ideal destination for regional and international guests.

Located close to local attractions, wineries, breweries, and Watkins Glen International race track, this property is perfectly positioned to attract a steady stream of tourists. With a robust booking history built on word of mouth and a reputation for high-quality lakeside lodging, this property presents a turnkey business opportunity for investors. The business includes a strong online presence, established guest relationships, and potential for event hosting, such as weddings and family reunions.


Watkins Glen, New York, exudes a charming small-town simplicity and is a bustling commercial trade area brimming with opportunities for businesses and investors. The town is characterized by the 'Small Town Simplicity' demographic, which comprises 45.1% of all households. The median age of this segment is 41.8 years, with most residents employed in services or professional sectors. This demographic makeup provides a stable and mature customer base for various business ventures.

Watkins Glen has experienced significant population growth, with a 16.21% increase since the last census, raising the total population to 2,165. The town boasts a robust daytime population density of 2,409.3, indicating vibrant economic activity. With a median age of 47.3 years and a dense population of 1,387.6 per square mile, the area is well-suited for businesses targeting an older demographic. Additionally, the town's community-oriented nature and engaged residents create a conducive environment for new enterprises.

The housing market in Watkins Glen is characterized by a home-ownership rate of 47.4%, with renters making up 52.6% of the market. The median estimated home value is $239,070, with a slight 12-month decrease of -0.3%. The average household income is $71,477, with disposable income averaging $56,340. Although the unemployment rate is slightly above the national average at 6.7%, the town remains financially stable and attractive for investment. Overall, Watkins Glen offers a unique blend of small-town charm and commercial potential, making it an appealing destination for businesses and investors.



Opportunity for more units
Addiitonal Services
Dock Fees