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Mixed-Use Retail and Apartments
For Sale
$324,900

101 Main St, Phelps, NY 14532

Ground-floor retail spaces plus three upstairs apartments with rear deck access, supported by durability upgrades.

Property Size8,298 SF
Price / SF$39.15
Days on Market48

Property Features for 101 Main St

General Information

Standard status Active
Size 8,298 SF
Property subtype Commercial

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $8,207

Building Details

Building Size 8,298 SF
Year Built 1839
Stories 2
Listing Agency:
Listed By: Patricia A. Claus-Lapresi
Source: Elliman
Added: Jul 4 Changed: Aug 10 Last Checked: Aug 19 at 1:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Patricia A. Claus-Lapresi

Investment Insights

Based on property information with market context.

This mixed-use property includes 2 to 3 ground-floor retail spaces designed for storefront operations, along with three upper-level apartments. The retail areas are described as having expansive front windows aimed at visibility from the street. The residential units include an open deck at the rear, providing additional outdoor space for tenants.

The building is located at 101 Main St in Phelps, New York. The public remarks note the property sits in a high-traffic area, with a car-dependent walk environment indicated by the provided walk score.

For prospective owners or operators, the combination of retail and residential uses can support a live-work or income-mixed approach, with the apartments positioned above the business space. Documented building improvements include a new rubber roof installed in 2015 and new back stairs, which may reduce near-term maintenance concerns. The asset is presented as a long-standing, community-recognized property with established customer loyalty mentioned in the remarks.

Key Highlights

  • Building built in 1839 with 8,298 sq. ft. total area
  • Ground‑floor features 2 or 3 versatile retail spaces with expansive front windows
  • 3 upstairs residential apartments, each with access to an open deck at the rear

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Law Firm Hair Salon Dental Office Plumbing Service Bakery

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby
Under-served
Demand for This Use

Demographics for 14532, NY

4,174
Population
1,873
Households
2.2
Avg Household Size
44
Median Age
23%
College-Educated
91%
High-School Grad
41.2 sq mi
ZIP Area
101
Density / Sq Mi
$71,667
Median Household Income
$41,620
Median Earnings
$1,139
Median Rent
$159,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Ground-floor retail spaces plus three upstairs apartments with rear deck access, supported by durability upgrades.
Where is this storefront property located?
The property is located at 101 Main St Phelps, NY.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Building built in 1839 with 8,298 sq. ft. total area; Ground‑floor features 2 or 3 versatile retail spaces with expansive front windows; 3 upstairs residential apartments, each with access to an open deck at the rear
More about this property
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