St, Canisteo, NY 14823
This exceptional Canisteo, NY commercial property presents a unique investment opportunity. Comprising two parcels totaling 0.21 acres, the offering includes a substantial 2,160 square foot building and a separate parking lot with a pole barn. The main structure, a former church built circa 1920, boasts 2,387+ square feet of masonry construction over a crawl space. Features include a choir loft and designer tin ceiling tiles under a drop ceiling. A two-car garage and small parking lot are also included on the 0.36+ acre main parcel. The property has been vacant for several years, offering significant redevelopment potential. Currently classified as tax-exempt (620-Religious), the property's future use is subject to restrictions outlined by the sellers and approval from the Diocese of Rochester and the local zoning board. The property's zoning allows for both residential and commercial development, making it an attractive prospect for a variety of uses. The second parcel, a parking lot with a pole barn, adds further versatility and potential. This property is priced affordably at $44,900 and presents a rare chance to acquire a substantial building with significant upside in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.