172 Main St Dansville, NY 14437
- Investment properties
- 2,444 SF
- 0.05 lot acres
Current Use by Public Records
- Investment properties
Property Details for 172 Main St
- Year built
- 1950
- Lot size
- 0.05 lot acres
- Property size
- 2,444 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 243801 203.7-6-32
- APU
- 2438012037632
Description
This exceptional Dansville property at 172 Main St offers a unique blend of commercial and residential space, perfect for owner-occupancy or investment. The 3,224 square foot building sits on a 0.05-acre lot and is priced at $369,900. The ground floor boasts a fully renovated commercial space, previously an ice cream parlor and long-standing barbershop. Recent upgrades include new flooring, fresh paint, custom millwork (including an ice cream counter), a new bathroom, and the restoration of the original tin ceiling. The upper two floors comprise a completely renovated three-bedroom, two-bathroom residential unit. Currently operating as a successful Airbnb with multiple bookings in 2023, this space is furnished and equipped with stainless steel appliances, a washer/dryer, living room furniture, a fully equipped kitchen, bedroom sets, and ample storage including walk-in closets. The residential area features exposed brick and solid mahogany doors, adding to its charm and character. This property presents a versatile opportunity: lease the commercial space and reside in the residential unit, or continue generating income through Airbnb rentals. The seller is open to considering financing options with a suitable down payment and terms. This is a rare opportunity to acquire a turn-key property with significant income potential in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $280,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $235,000
- Mixed-Use
- $250,000
- Hospitality
- $275,000
- Educational
- $225,000
- Residential Income
- $260,000
- Energy
- $235,000
- Income-Based Land
- $245,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Dansville
- County
- Livingston
- State
- New York
- Longitude
- -77.6958
- Latitude
- 42.5614
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
