Welcome to 5571 State Route 5, Herkimer, NY 13350 - a rare investment opportunity offering multiple parcels, three motel buildings totaling 20 rooms, and an additional standalone house, all on 1.59 acres with commercial zoning. This unique property presents incredible flexibility for developers, investors, and visionaries ready to take advantage of its location and existing layout. Whether you plan to restore it as a motel, convert the rooms into long-term apartments, or redevelop the site into a mixed-use income property, this parcel is loaded with potential. Property Highlights Three motel buildings with a total of 20 rooms Separate house for owner-occupancy, rental, or management use Public water available Multiple parcels included: Section 113.20 Block 2 Lot 66.000 - 0.87 acres Section 113.20 Block 2 Lot 63.000 - 0.30 acres Section 113.20 Block 2 Lot 62.000 - 0.42 acres Total combined acreage: 1.59 acres Commercial zoning - flexible for residential conversion or hospitality use Conversion Potential The existing floorplans and motel-style layouts make this an easy transition to apartments or efficiency rentals. With 20 rentable units already in place, investors can reconfigure them into one-bedroom or studio apartments with minimal structural changes. The separate house provides additional income opportunities or could serve as an on-site property manager's residence, further supporting rental operations. Given the demand for affordable housing, short-term rentals, and workforce apartments in the Mohawk Valley region, this property offers a clear path to cash flow and long-term appreciation. The commercial zoning and high-visibility frontage on State Route 5 also allow for creative redevelopment, such as mixed-use spaces, student housing, or extended-stay lodging. Location Advantages Centrally located in Herkimer County, this property is just minutes from downtown Herkimer, shopping, dining, and schools. Easy access to major routes makes it convenient for commuters, while its proximity to Utica, Cooperstown, and the Adirondacks increases its appeal for both residential and hospitality uses. State Route 5 is a well-traveled corridor, ensuring strong visibility for future tenants or guests. Investor Notes Significant rehab is required - ideal for those ready to reimagine and reposition the property. Flexible layouts streamline the transition from motel rooms to apartments. Acreage provides ample space for parking, landscaping, or potential future expansion. Rare opportunity to acquire 3 motel buildings plus a house in one package with multiple tax parcels included. Property needs full rehab. Cash only. Being sold as-is. This is a one-of-a-kind chance to own and transform a multi-building motel complex plus house into a high-performing income property in the Mohawk Valley. With strong demand for rental housing and investment properties, 5571 State Route 5, Herkimer, NY 13350 is a project worth pursuing for developers seeking long-term returns.

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