Grand Island Hotel

100 Whitehaven Rd, Grand Island, NY 14072

  • For Sale $10,250,000
  • Property Type Other
  • Property Size 181,245 SF
  • Units 263
  • Lot Size 418,134 Acre
  • Year Built 1973
  • Date Updated Feb 16, 2024
Grand Island is a gem nestled in the heart of Western New York. With its picturesque landscapes, vibrant community spirit, and a perfect blend of small-town charm and modern amenities, Grand Island is the gateway to a delightful experience. Natural Beauty Awaits: Explore the breathtaking beauty of Grand Island! From the scenic Niagara River to lush parks and trails, outdoor enthusiasts will find a paradise for hiking, biking, and water activities. Don't miss the iconic Beaver Island State Park for a day of family fun and relaxation. Shop and Dine in Style: Grand Island offers a diverse range of local shops, boutiques, and restaurants. Whether someone is looking for unique artisan goods, trendy fashion, or delicious cuisine, the community has something to satisfy every taste and preference. Community Events and Festivals: Experience exciting events and festivals throughout the year, celebrating local culture, music, and traditions. Convenient Location: Grand Island's strategic location provides easy access to major highways and attractions. Only a short drive from Buffalo and Niagara Falls, the town is perfectly close to world-renowned destinations and entertainmentNewGen Advisory has been retained as the exclusive agent to the Owner and is pleased to offer for sale the Grand Island Hotel (the “Hotel” or “Property”,) currently an independent asset. The Property has a prime location with over 10 acres of valuable land of which a quarter mile is waterfront on the Niagara River. This asset presents an outstanding opportunity to capitalize on an exceptional acquisition which includes city incentives, proximity to Niagara Falls, marina and boating access for water enthusiasts and an overall lifestyle destination valuable to hospitality and residential consumers alike. The 263 room building may be retained as a hotel, convert to multi-family or renovated for mixed hospitality and residential use given its adaptable footprint. A one-of-a-kind investment opportunity, the Grand Island property provides the possibility to blend luxury living with hospitality excellence. Zoned and entitled for multi-family this unique development offers a visionary fusion of sophisticated residential spaces that include the option to maintain a hotel space. Given the extensive unparalleled waterfront land coupled with the approved zoning – the upside value and options to design this real estate to specifically capitalize on the surrounding lifestyle and community strengths will result in an exceptional gateway for a commercial real estate investor.

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Highlights

  • January 2024 - Zillow lists the Buffalo market as the top Housing market for 2024!
  • #1 city in the USA due to job market growth + housing shortage
  • 10 total acres includes priceless ¼ mile waterfront on the Niagara River
  • Niagara River is directly connected to Niagara Falls - which draws over 13M tourists every year
  • Adaptable Re-Use: Renovate to hotel, multifamily or utilize building footprint and land for a redesign that combines both
  • Zoned for both Hospitality & Multi-Family
  • Minutes from Niagara Falls, Downtown Buffalo, Toronto and multiple universities
  • Next to River Oaks Golf Club & Marina

Contacts

broker

Amiti Bhow

NewGen Advisory

(917) 596-6578

Location

Getting Around

  • Walk Score ®

    12/100 Car-Dependent
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grand Island, NY
  • Zip Code 14072
  • Market Buffalo

Points of Interest

  • Marina Vista Apartments

    5.55 miles

  • Hertel & Wellington

    5.59 miles

  • Hertel & Starin

    5.75 miles

  • Hertel & Vorrhees

    5.81 miles

  • Hertel & Voorhees

    5.83 miles

  • University Station

    6.01 miles

  • University

    6.02 miles

  • LaSalle

    6.11 miles

  • Amherst Street

    6.36 miles

  • Humboldt–Hospital

    6.89 miles

  • ChargePoint

    0.48 miles

  • Tops Fuel

    0.70 miles

  • ChargePoint

    0.97 miles

  • Gulf

    1.39 miles

  • Sunoco

    1.46 miles

  • Kwik Fill

    1.76 miles

  • Mobil

    1.99 miles

  • Speedway

    2.11 miles

  • Sunoco

    2.21 miles

  • Tops Fuel

    2.41 miles

  • Tonawanda Rail-Trail Parking

    1.65 miles

  • Greenway parking

    1.71 miles

  • Greenway trail parking

    1.92 miles

  • Rite Aid Parking Lot

    3.44 miles

  • Tonawanda Rails-to-Trails

    3.65 miles

  • DuPont Yerkes Contractor Parking

    4.23 miles

  • The Woodlands Senior Village

    4.66 miles

  • Golf Course Lot

    4.88 miles

  • Lot #3

    4.94 miles

  • Clubhouse Events Lot

    5.02 miles

  • Radisson Hotel Niagara Falls-Grand Island

    0.03 miles

  • Center Way Hotel Tonawanda

    2.28 miles

  • Budget Host Inn

    2.80 miles

  • Super 8 by Wyndham Kenmore/Buffalo/Niagara Falls Area

    2.83 miles

  • Grand Suites Motel

    2.85 miles

  • Economy Inn

    2.90 miles

  • Chateau Motor Lodge

    3.00 miles

  • Anchor Motel

    3.27 miles

  • Holiday Inn Express & Suites Tonawanda - Buffalo Area

    3.71 miles

  • Crown Inn

    3.72 miles

  • Old Man River

    0.46 miles

  • Mississippi Mudd's

    0.47 miles

  • Joe's NY Style Pizza

    0.75 miles

  • Dairy Queen

    0.76 miles

  • Billygan's Cafe

    0.82 miles

  • Subway

    0.82 miles

  • Beijing Garden

    0.85 miles

  • Colosso Taco

    0.90 miles

  • Frankie Primo's +39

    0.91 miles

  • Yummy Thai

    0.96 miles

  • Tonawanda High School

    0.83 miles

  • Grant School

    1.34 miles

  • Highland School

    1.38 miles

  • Gilmore School

    1.78 miles

  • Payne School

    1.82 miles

  • Pine Woods School

    1.85 miles

  • Mullen Elementary School

    1.89 miles

  • Spruce School

    2.04 miles

  • Grand Island Senior High School

    2.12 miles

  • Veronica E. Connor Middle School

    2.16 miles

  • Kidsabilities

    1.16 miles

  • Little People's Park

    3.80 miles

  • EduKids

    3.80 miles

  • Doodle Bugs!

    3.91 miles

  • Puddle Jumpers

    5.12 miles

  • EduKids Early Childhood Education Center

    5.45 miles

  • Jumped Up Jellybeans

    5.49 miles

  • GiGi's Playhouse Buffalo

    5.53 miles

  • YWCA of Western New York Day Care

    5.66 miles

  • North Campus Child Care Center

    6.02 miles

Frequently Asked Questions

What is the lease rate for Grand Island Hotel?

Rental asking rate at Grand Island Hotel is $5,125,000.00/YR.

What is the total square footage of Grand Island Hotel?

Grand Island Hotel totals 181,245 square feet.

When was this property built?

Grand Island Hotel was built in 1973.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Amiti Bhow

NewGen Advisory

(917) 596-6578