11 Main St Castile, NY 14427-9612
This exceptional mixed-use property, located at 11 N Main St in Castile, NY, presents a unique investment opportunity. The building, constructed in 1905, boasts a total of 2,480 square feet across two stories, situated on a 0.16-acre lot. The property features two units: a completely renovated ground floor unit and a charming upper apartment. The ground floor unit, ideal for either office space or residential use, offers three bedrooms (or offices), a new kitchen with stainless steel appliances, 1.5 bathrooms, new drywall, insulation, electrical, plumbing, flooring, and windows. A first-floor laundry area is also included. While some minor finishing touches are needed (full bathroom connection, washer/dryer vent hookup, and kitchen island installation), the unit is largely complete and ready for immediate occupancy. The upper apartment is currently occupied by a long-term tenant who desires to remain. This presents a stable income stream from day one. The property's prime location in Castile, NY, within Wyoming County, and its blend of commercial and residential potential make it an attractive investment for both seasoned and new investors. The zip code is 14427. This is a rare opportunity to acquire a well-maintained, renovated property in a desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Castile, NYCastile. Always verify with local authorities before improvements.
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.