144 Main St Dansville, NY 14437-1313
Property summary
This 12,032 square foot office building at 144 Main Street in Dansville, NY, presents a unique investment opportunity. The property sits on a 0.12-acre lot in the heart of the business district. A thriving historic theatre occupies the ground floor and will remain in operation under a lease agreement with the new owner, providing immediate and consistent rental income. The second and third floors are currently in need of rehabilitation and updates, offering significant potential for redevelopment. The expansive third floor, encompassing the entire building footprint, presents a blank canvas for a variety of uses. Imagine the possibilities: converting it into co-working spaces, creating multiple residential units, or developing a unique retail concept. The building's prime location and the existing income stream from the theatre make this a compelling investment for both seasoned developers and those seeking a high-return property with significant upside potential. The asking price is $225,000. This is a chance to acquire a piece of Dansville's history and shape its future. The property is being sold as a building only.
Property profile
VerifiedCap rate & NOI
Current use
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Cinema Theater & Performing Art Venue
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Dansville, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 05 - COMMERCIAL in Dansville, NY.
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Find the owner behind the property.
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