Active
101 Main Street
Phelps NY, 14532
$400,000
$48.20 per sqft
Active
4 Beds
3 Baths
8,298 sqft
Other
Built in 1839
Also listed as R1567931. 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.
R1567940
MLSⓇ ID
September 25, 2024
Listed
January 9, 2025
Updated
Map
101 Main Street
Phelps NY, 14532
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Ceiling Fan(s)
Appliances
Electric Water Heater
Floor Description
Carpet, Varies, Vinyl
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric, Baseboard
Exterior/Building Features
Lot Size
0.06 Acres
Exterior Features
Deck
Lot Features
Irregular Lot
Architectual Style
Triplex
Roof
Membrane, Rubber
Sewer
Connected
School Information
School District
Phelps-Clifton Springs (Midlakes)
High School
Midlakes High
Elementary School
Midlakes Primary
Other Property Details
Area Name
Phelps-Village-324001
Taxes
$6,613
Tax Frequency
Annually
Days on Market
106
Garage
No
Parking
Off Site, On Street
View
No
County
Ontario
Municipality
Phelps-Village
Water Source
Connected, Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/18/2024 | Price change | $400,000 -6% |
Courtesy of Hunt Real Estate ERA/Columbus, Patricia A. Claus-Lapresi
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Data last updated 7:09 PM UTC, 1/9/2025