$400,000
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101 Main St Phelps, NY 14532
Mixed Use
Residence
4
Beds
3
Baths
8,298
Sq. Ft.
0.06
Acre
Lot
Property Activity
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Presenting a rare opportunity to acquire a distinguished and highly sought-after “PRIME” piece of real estate, renowned within the community and boasting a loyal clientele built over 60 years. This prime property, situated in a high-traffic area, promises a lucrative investment with substantial pote...ntial for continued success. The building encompasses 8,298 sq. ft. and features: Versatile Retail Spaces: 2 or 3 ground-floor retail spaces ideal for a variety of uses including a store front, hair salon, restaurant, or event space with expansive front windows, ensuring maximum visibility and appeal. Residential Units: 3 spacious upper-level apartments, each offering comfort and convenience with the added benefit of an open deck at the rear. Looking to start a business? Let the rental income from the apartments help cover your business space costs, making this an even more attractive investment. Upgrades include a new rubber roof installed in 2015 & new back stairs, ensuring durability and long-term value. Seize this exceptional opportunity to own a landmark property with a storied legacy and significant future potential.
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MLS#
R1567940
Property Type
Mixed Use
Bedrooms
4
Bathrooms
3 Full
Year Built
1839
Square Feet
8,298
sq. ft
Lot Size
0.06
Sewer
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