Building Details

Building Size 6,324 SF

Year Built 1880

Stories 2

Tenancy Multi

Listing Agency: The Real Estate Agency

Listed By: Karissa Thompson Show Phone

Source: Elliman

Added: Oct 4 Last Checked: Oct 4 at 2:29PM

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Investment Insights

Based on property information with market context.

At 116 Main Street, this mixed-use property combines a commercial space with two updated apartments. Each apartment has two bedrooms and one full bathroom, and the commercial portion is occupied under a lease. The property also includes a one-car garage with a recently installed roof, overhead door, and concrete floor, plus off-street parking.

The building dates to 1880 and sits among local businesses and village amenities in Moravia, New York.

Key Highlights

• Two updated apartments, each with two bedrooms and one full bathroom
• Commercial space currently occupied by a tenant with a lease in place
• One‑car garage with a new roof, overhead door, and concrete floor

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Auto Parts Store HVAC Service Electrical Service Storage Facility Law Firm

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

2

Residential units

Multi-tenant

Tenancy

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

172

Businesses Nearby

Explore this area Business Placement

Demographics for 13118, NY

5,849

Population

2,702

Households

2.2

Avg Household Size

43

Median Age

18%

College-Educated

83%

High-School Grad

103.0 sq mi

ZIP Area

57

Density / Sq Mi

$67,614

Median Household Income

$42,796

Median Earnings

$880

Median Rent

$161,900

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - A leased commercial space is complemented by two refreshed apartments and a detached garage.

Where is this mixed-use property located?

The property is located at 116 Main St Moravia, NY.

What is the asking price?

The asking price for this property is $269,900.

What are key features of this property?

This property features: Two updated apartments, each with two bedrooms and one full bathroom; Commercial space currently occupied by a tenant with a lease in place; One‑car garage with a new roof, overhead door, and concrete floor