144 Main St, Dansville, NY 14437-1313
This 12,032 square foot office building at 144 Main Street in Dansville, NY, presents a unique investment opportunity. The property sits on a 0.12-acre lot in the heart of the business district. A thriving historic theatre occupies the ground floor and will remain in operation under a lease agreement with the new owner, providing immediate and consistent rental income. The second and third floors are currently in need of rehabilitation and updates, offering significant potential for redevelopment. The expansive third floor, encompassing the entire building footprint, presents a blank canvas for a variety of uses. Imagine the possibilities: converting it into co-working spaces, creating multiple residential units, or developing a unique retail concept. The building's prime location and the existing income stream from the theatre make this a compelling investment for both seasoned developers and those seeking a high-return property with significant upside potential. The asking price is $225,000. This is a chance to acquire a piece of Dansville's history and shape its future. The property is being sold as a building only.
-
Star Theatre Cinema Theater & Performing Art Venue
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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 · Dansville, NYDansville. Always verify with local authorities before improvements.
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.