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7434 Fair Haven Rd 3,000 SF Vacant Retail Building Homer, NY 13077 $2,321,658 CAD ($773.89 CAD/SF)
Investment Highlights
- 40 Boat Slip/Lifts
- Turn-Key Restaurant
- marina expansion potential
- 1100' +/- lake frontage
Executive Summary
• 1 of only 2 private marinas on Skaneateles Lake
• 5.5 +/- acres
• Marina Business
• Full-Service Restaurant (10 yr. Lease)
• $118,000/yr. +/- Marina Income
• Over 1,100’ +/- Lake Frontage
• Private Boat Launch with Parking
• Boat Slip/Marina Expansion Potential
• Private Third Floor Living Space
The Glen Haven Restaurant & Marina consists of 5.5+- acres with over 1,100' +- of private waterfront, being 1 of 2 private marinas on Skaneateles Lake. The marina offers 42 Boat slips (fully leased year-by-year), private boat launch memberships program, a turn-key marina business and a successful full-service restaurant with a year round, 10 year lease in place.
• 5.5 +/- acres
• Marina Business
• Full-Service Restaurant (10 yr. Lease)
• $118,000/yr. +/- Marina Income
• Over 1,100’ +/- Lake Frontage
• Private Boat Launch with Parking
• Boat Slip/Marina Expansion Potential
• Private Third Floor Living Space
The Glen Haven Restaurant & Marina consists of 5.5+- acres with over 1,100' +- of private waterfront, being 1 of 2 private marinas on Skaneateles Lake. The marina offers 42 Boat slips (fully leased year-by-year), private boat launch memberships program, a turn-key marina business and a successful full-service restaurant with a year round, 10 year lease in place.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$109,577
|
$36.53
|
| Other Income |
$54,788
|
$18.26
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$164,365
|
$54.79
|
| Taxes |
$16,180
|
$5.39
|
| Operating Expenses |
$27,394
|
$9.13
|
| Total Expenses |
$43,575
|
$14.52
|
| Net Operating Income |
$120,791
|
$40.26
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $109,577 |
| Annual Per SF | $36.53 |
| Other Income (CAD) | |
|---|---|
| Annual | $54,788 |
| Annual Per SF | $18.26 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $164,365 |
| Annual Per SF | $54.79 |
| Taxes (CAD) | |
|---|---|
| Annual | $16,180 |
| Annual Per SF | $5.39 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $27,394 |
| Annual Per SF | $9.13 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $43,575 |
| Annual Per SF | $14.52 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $120,791 |
| Annual Per SF | $40.26 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
B
Year Built
1900
Price
$2,321,658 CAD
Price Per SF
$773.89 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.01
Lot Size
5.80 AC
Zoning
AG - Agricultural with commercial use
Parking
25 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Fireplace
- Restaurant
- Signage
- Tenant Controlled HVAC
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 113800-014-000-0001-005-000-0000 | Total Assessment | $390,450 CAD (2025) |
| Land Assessment | $287,700 CAD (2025) | Annual Taxes | $16,180 CAD ($5.39 CAD/SF) |
| Improvements Assessment | $102,750 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
113800-014-000-0001-005-000-0000
Land Assessment
$287,700 CAD (2025)
Improvements Assessment
$102,750 CAD (2025)
Total Assessment
$390,450 CAD (2025)
Annual Taxes
$16,180 CAD ($5.39 CAD/SF)
Tax Year
2024
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7434 Fair Haven Rd
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