Three Bear Inn, 1.2300 acres, MLS# 170539
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Description
Invest in this multi-faceted turn key business. The Three Bear in is a historic country inn with full service family dining, a cozy tavern, a modern budget motel with 22 rooms, a Chinese restaurant rental, a boutique/salon, and an apartment rental. This business has a history of high occupancy, great cash flow, steady rental income, and an ideal location just off of Interstate 81.
History:
"Brink's tavern was an early landmark. It was a point of reference for locations in written accounts from the early 1800s. One hundred and twenty four years of Brink ownership ended when the old homestead was purchased by Lena and Henry Forshee from McGraw. After some minor renovations, they turned the old building into an eatery and hotel, known as Hotel Marathon. When the three bearskins in the attic were discovered and hung out on the porch to air, travelers and locals alike referred to the Inn as the "Three Bear Inn", and hearing the phrase almost daily caused the Forshees to rename in Inn. Located in the center on Marathon, NY there is easy commuting distance to Ithaca, Cornell University, Cortland, and Binghamton."
Features
- Acres: 1.23
- Lot Size: Corner Lot, 429' x 130' irr
- School District: Marathon
- Zoning: Commercial
- Total Taxes: $30,134
- Water: Public
- Sewer: Public
- Electric: Municipal









