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78 Water St Lyons, NY 14489

For Sale
$199,900

Three-story, 12-room income property with redevelopment potential in Lyons.

Lot size:
0.10 Acres

Property Features for 78 Water St

General Information

Lot size
0.10 Acres

Building Details

Year built
1900

Source: Empire Realty Group Agent Nancy Ramos

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


Overview

Lyons Investor Special Opportunity

Located in the heart of Lyons, this three-story boarding house at 7882 Water Street presents an opportunity to restore a historically utilized 12-room income property. The property also includes additional office space on the lower level. Formerly fully occupied and income-producing, the building has been vacant for the past 46 months and is currently condemned, requiring updates to bring it back up to code. The property is located steps from Central Park, offering visibility, walkability, and proximity to local shops, government offices, and the Erie Canal. Once revitalized, it could serve as a multi-unit rental, boarding house, or even be reimagined into a live-work space or community housing project. The property has redevelopment potential and is suitable for a buyer with a plan to breathe life back into a centrally located building.
Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
Lyons
County
Wayne
State
New York
Longitude
-76.9952401
Latitude
43.0629243

FAQs

What type of property is this?
Apartment building - Three-story, 12-room income property with redevelopment potential in Lyons.
Where is this apartment building located?
The property is located at 78 Water St Lyons, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: - Prime location in the heart of Lyons, steps from Central Park, shops, and the Erie Canal.; - Significant redevelopment potential for multi-unit rental, boarding house, live-work space, or community housing.; - Historically utilized as a 12-room income-producing boarding house with additional office space.
More about this property
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