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    319 Pennsylvania Ave Trumansburg, NY 14850

    For Sale
    $450,000

    Versatile 3,960 sq ft building on 3 acres

    Property size:
    3,960 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 3,960 square foot commercial property, situated on a generous 3.09-acre lot in the charming village of Trumansburg, New York, presents a unique investment opportunity. The building, formerly a church/meetinghouse, boasts a flexible layout ideal for a variety of uses. Imagine transforming this spacious one-story structure into a thriving medical or professional office complex, a multi-family dwelling, or a stunning residential property. The interior features a combination of multiple private rooms, large meeting areas perfect for collaborative work or community gatherings, three sizable bathrooms, a convenient kitchenette, and adaptable flex space to suit your specific needs. Ample on-site parking is available, accommodating 36-40 vehicles, ensuring convenient access for staff, clients, or residents. The expansive lot offers significant potential for expansion of the existing building or the possibility of subdividing a portion for resale, creating additional revenue streams. This property's prime location provides easy access to the vibrant downtown Trumansburg area, offering a blend of convenience and tranquility. Don't miss this chance to acquire a versatile property with immense potential in a desirable location. Priced at $450,000.

    Property Features for 319 Pennsylvania Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,960 SF
    Lot Size
    134,600 SF

    Building Details

    Year Built
    1984
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trumansburg
    County
    Tompkins
    State
    New York
    Longitude
    -76.66447
    Latitude
    42.52963

    Nearby Similar for Sale

    • $815,000
      4,365 SF

      Trumansburg Office Building - Lease in Place

      Thriving Medical Practice, Steady Income
      4435 Seneca Rd, Trumansburg, NY 14886
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Versatile 3,960 sq ft building on 3 acres
    Where is this commercial real estate located?
    The property is located at 319 Pennsylvania Ave Trumansburg, NY.
    What is the asking price?
    The asking price for this property is $450,000.
    (607) 277-2327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    319 Pennsylvania Ave Trumansburg, NY 14850
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