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    100 E Main St Penn Yan, NY 14527

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    For Sale
    $534,900

    Commercial property with potential in thriving downtown Penn Yan.

    Lot size:
    0.74 Acres

    Property Features for 100 E Main St

    General Information

    Lot size
    0.74 Acres

    Building Details

    Year built
    1960

    Source: Howard Hanna Lake Group Agent Richard S. Murphy

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

    Overview

    Downtown Penn Yan Commercial Property

    This commercial property offers potential for various business ventures in downtown Penn Yan, situated along the Outlet Trail. The building, used for office and commercial purposes since the 1960s, features over 8,000 square feet of usable space, including a ground-level, one-bedroom vacation rental. A lease is in place, occupying approximately 1,400 square feet of the street-level area, along with revenue from the one-bedroom apartment. An additional 3,000 square feet is available at street level. The property is located across from Birkett Mills. Opportunities include condos, apartments, stores, a distillery, a tasting room, or office space. The triangular-shaped lot has approximately 155 feet of road frontage and includes a parking lot for 20 cars, supplemented by free on-street parking. Lot dimensions are roughly 260 x 243 x 155. The property benefits from low-cost Penn Yan Village Municipal Electric.
    Insight Report Location Intelligence

    Current Use by Public Records

    Chamberlain D'Amanda Bankruptcy Attorney Dibble & Miller, P.C. ... Legal Services WYLF Radio Broadcaster WYLFradiostation Radio Broadcaster Finger Lakes Realty Real Estate Agency

    Suggested Use

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

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

    Similar Places Nearby

    The Flower Cart And Gift Shoppe

    Location Insight

    • Map
    • Local Demand
    City
    Penn Yan
    County
    Yates
    State
    New York
    Longitude
    -77.0538556
    Latitude
    42.6610176

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    FAQs

    What type of property is this?
    Storefront property - Commercial property with potential in thriving downtown Penn Yan.
    Where is this storefront property located?
    The property is located at 100 E Main St Penn Yan, NY.
    What is the asking price?
    The asking price for this property is $534,900.
    What are key features of this property?
    This property features: - Prime location on the Outlet Trail in downtown Penn Yan, across from Birkett Mills.; - Over 8,000 sq ft of usable space with multiple development opportunities.; - Existing revenue streams from a commercial lease and a one-bedroom vacation rental.
    (315) 270-2002
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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
    100 E Main St Penn Yan, NY 14527
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