34 Main StAddison, NY 14801

For Sale
$139,000

Prime location, 3-unit building, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
92
This stabilized mixed-use property in Addison, NY, presents a compelling investment opportunity. Located at 34 Main St, this 3,456 square foot building boasts a prime location with high visibility and foot traffic. The property features one ground floor commercial space, ideal for retail or office use, and two fully occupied one-bedroom apartments on the second floor. The building, constructed in 1900, underwent significant renovations in 2008 and 2012, including updates to the first floor commercial space, second-floor apartments, and the building's façade. A new rubber membrane roof was installed in 2014 and again in 2018. Further improvements include basement insulation (2017), attic insulation, basement support additions, and electrical upgrades. The property includes two+ off-street parking spaces in the rear, supplemented by ample street parking. Current leases include water and sewer, and internet access; tenants are responsible for other utilities. The property sits on a 0.06-acre lot and is zoned for commercial use. Addison, a quaint village with a population of 1553, offers a strong local market, situated conveniently 12 miles from Corning, NY. This property is perfect for both business owners and rental investors seeking a stable, income-generating asset in a desirable location. The asking price is $139,000.

Highlights

  • $139,000 asking price for a stabilized mixed-use investment property.
  • 3,456 square foot building with three units (two apartments and one commercial space).
  • Located at 34 Main St, Addison, NY 14801, on a 0.06-acre lot.
  • Features two stories, one building, and permitted commercial zoning.
  • Built in 1900 with renovations in 2008 and 2012, including a new roof in 2014 and 2018.

Property Details for 34 Main St

Property type
Other retail properties, Multifamily properties
Square Feet
3,456 SF
Year Built/Renovated
1900/2012
Buildings
1
Stories
2
Lot Size (sq. ft)
2,614 SF
Units
3

Location Insight

City
Addison
County
Steuben
State
New York
Latitude
42.106108528247
Longitude
-77.234012504329
34 Main St, Addison, New York
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34 Main St
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