Hotel Retail or Office
For Lease
$24 SF/Yr
124 Elm Street, Penn Yan, NY 14527
Retail or office suite in a hotel offering TI allowance, custom buildouts, and ample parking.
Space SizeContact for details
Days on Market679
Property Features for 124 Elm Street
General Information
Standard status
Active
Zoning
VC-Village Center
Listing Agency:
EXP Commercial - Vega
(585) 735-7739
Listed By:
Michael Conroy · License #10301218830
(585) 735-7739
Source:
Expcommercial
Added: Oct 23, 2024
Changed: Aug 31
Last Checked: Aug 31 at 12:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Commercial - Vega
Investment Insights
Based on property information with market context.
This retail or office suite is available within the Microtel by Wyndham in Penn Yan, located in the heart of the Finger Lakes region. The space is offered with tenant improvement (TI) allowance and allows for custom buildouts, giving flexibility to tailor the suite to retail or professional office needs.
Penn Yan is presented as a growing village supported by tourism, with local wineries, vineyards, and outdoor recreation tied to Keuka Lake. The property is positioned near Penn Yan’s downtown and the scenic lake area, designed to capture business from both hotel guests and the local community.
The offering also includes ample parking, supporting convenient access for employees and customers.
Penn Yan is presented as a growing village supported by tourism, with local wineries, vineyards, and outdoor recreation tied to Keuka Lake. The property is positioned near Penn Yan’s downtown and the scenic lake area, designed to capture business from both hotel guests and the local community.
The offering also includes ample parking, supporting convenient access for employees and customers.
Key Highlights
- Retail or office suite inside the Microtel by Wyndham in Penn Yan
- TI allowance available for the space
- Custom buildouts available for the suite
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14527, NY
12,716
Population
6,252
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
84%
High-School Grad
134.9 sq mi
ZIP Area
94
Density / Sq Mi
$65,212
Median Household Income
$38,818
Median Earnings
$758
Median Rent
$199,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Similar Off Market Nearby
- The Flower Cart And Gift Shoppe — 134 Main St, Penn Yan, NY 14527
Frequently Asked Questions
What type of property is this?
Storefront property - Retail or office suite in a hotel offering TI allowance, custom buildouts, and ample parking.
Where is this storefront property located?
The property is located at 124 Elm Street Penn Yan, NY.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Retail or office suite inside the Microtel by Wyndham in Penn Yan; TI allowance available for the space; Custom buildouts available for the suite
