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    219 Lake St Penn Yan, NY 14527

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    For Sale
    $425,000

    Office and mixed-use building in Penn Yan, NY for sale.

    Property size:
    4,684 SF
    Lot size:
    0.27 Acres

    Property Features for 219 Lake St

    General Information

    Size
    4,684 SF
    Lot size
    0.27 Acres

    Source: Century 21 - North East | Penn Yan Agent Mark Malcolm II

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Penn Yan Mixed-Use Building

    This Village of Penn Yan building, situated on NYS Rte 54, is suitable for office and mixed-use purposes. The property features approximately 4,600 square feet of finished area. The main floor formerly served as a real estate office, while the upper level houses a currently leased apartment. A chiropractic office occupies the north side of the building. The property benefits from a large parking lot at the rear, along with a separate parcel fronting Monell St, suitable for additional parking or a new building. The building has a newer roof and an updated heating and air conditioning system. Owner financing may be available to a qualified buyer. This property is suited for an owner-occupier seeking an office building with tenants or for leasing office space to others.
    Insight Report Location Intelligence

    Current Use by Public Records

    Andersen Kimberly S ... Chiropractor Century 21 Sbarra ... Real Estate Agency Mark Malcolm II Real Estate Agent John Rogers, Century ... Real Estate Agent Kimberly Demay Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Penn Yan
    County
    Yates
    State
    New York
    Longitude
    -77.0569691
    Latitude
    42.6555026

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    FAQs

    What type of property is this?
    Office building - Office and mixed-use building in Penn Yan, NY for sale.
    Where is this office building located?
    The property is located at 219 Lake St Penn Yan, NY.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Mixed-use building with existing tenants providing immediate income.; - Prime location on NYS Rte 54, a major north-south artery.; - Large parking lot and additional parcel for expansion or further development.
    (315) 536-6163
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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
    219 Lake St Penn Yan, NY 14527
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