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Quadplex Property with Warehouse and Living Quarters
For Sale
$189,000

189 Michigan Hollow Road, Spencer, NY 14883

MULTI_FAMILY - Spencer, NY

Property Size5,974 SF
Lot Size24.00 Acres
Price / SF$31.64
Days on Market168

Property Features for 189 Michigan Hollow Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 12
Full bathrooms 7
Half bathrooms 5
Rooms Bathroom 7, Bathroom 10, Bathroom 1, Bedroom 7, Bathroom 9, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 8, Bathroom 12, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 3, Bathroom 4, Bathroom 11, Bathroom 5
Parking features Garage
Appliances OilWaterHeater
Lot features Irregular Lot, Wooded
Elementary school Spencer-Van Etten Elementary
Middle school Spencer-Van Etten Middle
High school Spencer-Van Etten High
Elementary school district Spencer-Van Etten
Middle school district Spencer-Van Etten
High school district Spencer-Van Etten
Directions From Ithaca, take NY-13 to NY 34/96S, turn left onto Michigan Hollow Rd.
Subdivision Spencer-493489
Standard status Active
APN 493489-035-000-0002-044-000-0000
Size 5,974 SF
Lot size 24.00 Acres

Taxes and HOA fees

Tax Annual Amount 6868

Utilities

Sewer type Septic Tank
Heating system Baseboard, Oil
Water source Well

Amenities

stream
warehouse with living quarters
single-wide structures
barn

Building Details

Year built 1970
Floors in Building 2
Number of units 4
Flooring type Carpet, Varies, Vinyl
Building materials Block, Concrete
Roof type Flat
Listing Agency: Warren Real Estate of Ithaca Inc. (Downtown)
Listed By: Bethany Huey · License #10401237932
Added: Mar 5 Changed: Aug 4 Last Checked: Aug 20 at 12:06PM
MLS# R1664982

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Set on 24 wooded acres in Spencer, NY, this property includes a stream running through the land and multiple structures designed to support flexible uses. The on-site improvements feature a 5,000+ sq ft warehouse with living quarters, three single-wide structures, and a large barn. All buildings will require renovation and cleanup, but the existing layout and improvements provide a foundation for an owner to reimagine the property for storage, workshop use, equipment staging, or other adaptable needs.

The property includes a well water source and a septic tank. Construction materials include block and concrete, with a flat roof. Heating is oil with baseboard systems, and flooring includes vinyl, varied flooring, and carpet. An oil water heater and garage parking are also included, and the property was built in 1970.

Key Highlights

  • 5,000+ sq ft warehouse with living quarters on the property
  • 24 wooded acres with a stream running through the land
  • Three single‑wide structures included

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 14883, NY

3,998
Population
2,062
Households
1.9
Avg Household Size
42
Median Age
30%
College-Educated
94%
High-School Grad
72.6 sq mi
ZIP Area
55
Density / Sq Mi
$62,431
Median Household Income
$40,928
Median Earnings
$980
Median Rent
$191,800
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Sprawling 24-acre wooded parcel with stream and a large warehouse plus living quarters; well and septic.
Where is this quadplex located?
The property is located at 189 Michigan Hollow Road Spencer, NY.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 5,000+ sq ft warehouse with living quarters on the property; 24 wooded acres with a stream running through the land; Three single‑wide structures included
More about this property
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