101 Main Street, Phelps, 14532
ML Number: R1694332
List Price: $324,900
Description
Also listed as R1694330. 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 potential 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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Aerial View of this Location
| Property Type: | Multi-Family Res (2-4) units |
|---|---|
| Bedrooms: | 4 |
| Full Bath(s): | 3 |
| Half Bath(s): | 0 |
| Living Area (SqFt): | 8,298 |
| Lot Size (Acres): | 0.0616 |
| Year Built: | 1839 |
| Address: | 101 Main Street |
|---|---|
| City: | Phelps |
| County: | Ontario |
| State: | NY |
| Zip Code: | 14532 |
| School District: | Phelps-Clifton Springs (Midlakes) |
| List Price: | $324,900 |
|---|---|
| Assessed Value: | $0 |
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Property Features
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| On Waterfront: | No |
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| # Fireplaces: | 0 |
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Listing courtesy of Hunt Real Estate ERA/Columbus
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