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    OFF-MARKET
    Investment properties

    10 Main St, Marathon, NY 13803-7709

    2,938 SF 0.07 ac lot Built 1900
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US63-3963327
    Property summary
    AI-generated overview

    This versatile Marathon, NY commercial property presents a unique investment opportunity. Located at 10 Main Street, this 3,957 square foot building sits on a 0.07-acre lot and offers a blend of commercial and residential space. The ground floor boasts a spacious storefront featuring both front and rear access points, ensuring convenient accessibility for all patrons, including those with disabilities. A well-equipped kitchen area and an attractive ice cream window add to the property's appeal. High ceilings and a balcony provide ample space and a pleasant atmosphere. The commercial space is further enhanced by its prime location in Marathon, NY, offering easy access to local amenities. Upstairs, a substantial three-bedroom apartment provides additional income potential or comfortable living quarters. The property is being sold in its current "as is" condition, allowing for creative renovation and customization to suit the buyer's specific needs and vision. This property is ideal for a variety of uses, from retail to restaurant to mixed-use development. The combination of commercial and residential space makes this a truly unique and potentially highly profitable investment. Don't miss this chance to own a piece of Marathon's vibrant commercial landscape. The asking price is $98,000.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1900
    Total area 2,938 SF
    Lot 0.07 ac (2,910 SF)
    Zoning code 06 - INDUSTRIAL
    APN 113401 158.17-01-11.000
    UPID US63-3963327
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Shawn Ellsworth · 2 yrs held
    Shawn Ellsworth
    since 2023
    Last sale
    $45,000
    4 recorded transactions
    2023
    2023
    2018
    $45,000
    2006
    $66,000
    Zoning & alternative use
    06 - INDUSTRIAL · Marathon, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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