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    142 Main St Moravia, NY 13118

    Sponsored
    For Sale
    $365,000

    Bank & Retail Space - High Visibility

    Property size:
    7,450 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional commercial property, located at 142 Main St in the heart of Moravia, NY's business district, presents a unique investment opportunity. The property encompasses a 7,450 square foot building complex situated on a 0.68-acre lot. The complex comprises a one-story former bank branch and an adjacent two-story retail building. The former bank branch boasts a drive-thru, teller stations, a secure vault, multiple private offices, meeting rooms, a break room, two bathrooms, ample storage, and a dedicated area for drive-thru operations. The two-story building currently houses a hair salon tenant and has historically been used for retail purposes. Both buildings are commercially zoned and benefit from convenient access to all public utilities. The property features extensive paved on-site parking, providing ample space for customers and employees. Its strategic location offers high visibility, being adjacent to Kinney Drugs and directly across the street from a General Dollar store, ensuring significant foot traffic and exposure. This property is ideal for a variety of commercial uses, offering a blend of established retail space and the unique potential of a former bank building. The combination of prime location, ample parking, and versatile space makes this an attractive investment opportunity in a thriving village setting.

    Property Features for 142 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    7,450 SF
    Lot Size
    29,621 SF

    Building Details

    Year Built
    1960
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Moravia
    County
    Cayuga
    State
    New York
    Longitude
    -76.42117
    Latitude
    42.7126

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    FAQs

    What type of property is this?
    Retail property - Bank & Retail Space - High Visibility
    Where is this retail property located?
    The property is located at 142 Main St Moravia, NY.
    What is the asking price?
    The asking price for this property is $365,000.
    (607) 277-2327
    Request Owner's contact information
    142 Main St Moravia, NY 13118
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    Moravia, NY 13118
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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
    142 Main St Moravia, NY 13118
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