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    230 E Main St Palmyra, NY 14522

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    For Sale
    $109,900

    Mixed-use property with commercial and residential units, investment opportunity.

    Lot size:
    0.04 Acres

    Property Features for 230 E Main St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1800

    Source: Hunt Real Estate ERA/Columbus Agent John M. Denniston

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

    Overview

    Mixed-Use Property on Main Street

    This mixed-use property on Main Street presents an investment opportunity. The building features two commercial storefronts and four one-bedroom apartments, offering income potential. The property is located near Palmyra businesses, the Erie Canal, parks, and schools.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Wayne
    State
    New York
    Longitude
    -77.2375163
    Latitude
    43.0632779

    Nearby Similar for Sale

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    • $84,900
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      Palmyra Industrial Building - Great Potential

      Solid mechanics, prime location, needs TLC.
      622 Main St, Palmyra, NY 14522
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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial and residential units, investment opportunity.
    Where is this mixed-use property located?
    The property is located at 230 E Main St Palmyra, NY.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: - Strong income potential from two commercial storefronts and four one-bedroom apartments.; - Prime Main Street location near Palmyra businesses, the Erie Canal, parks, and schools.; - Versatile mixed-use building suitable for investors or new projects.
    (585) 704-0749
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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
    230 E Main St Palmyra, NY 14522
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