Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    172 Main St Dansville, NY 14437
    Property profile & analytics

    172 Main St, Dansville, NY 14437

    View on Map
    • Investment properties
    • 2,444 SF
    • 0.05 lot acres
    For Sale
    $369,900
    View Listing →
    Dansville Commercial Building - Prime Location For Sale
    $369,900
    3,224 SF

    Dansville Commercial Building - Prime Location

    Turn-key commercial & residential property. High rental income potential.

    172 Main St, Dansville, NY 14437
    View Listing
    Property ID
    US63-6019615
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 172 Main St

    Year built
    1950
    Lot size
    0.05 lot acres
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    243801 203.7-6-32
    APU
    2438012037632

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 13, 2023 — Main Street Dansville LLC Ostendorf Acomb Vntrs LLC Warranty Deed —
    Dec 19, 2018 $55,000 Ostendorf-acomb Ventures Debra A Kehoe Deed —
    Mar 30, 2007 $39,000 Debra A Kehoe Edward V Ramm Deed —

    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 Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $2,348
    $8,900
    $231,700
    $240,600
    -
    $9,270
    $241,330
    $250,600

    Comparable in this City

    • Value Estimation by Request
      3,481 SF

      80 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      80 Main St, Dansville, NY 14437-1612
      View Details
    • Value Estimation by Request
      4,732 SF

      180 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      180 Main St, Dansville, NY 14437-1316
      View Details
    • Value Estimation by Request
      2,800 SF

      213 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      213 Main St, Dansville, NY 14437-1315
      View Details
    • Value Estimation by Request
      5,838 SF

      173 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      173 Main St, Dansville, NY 14437-1314
      View Details
    • Value Estimation by Request
      25,447 SF

      154 Main St, Unit 162

      OFFICE/RESIDENTIAL (MIXED USE)
      154 Main St, Dansville, NY 14437-1313
      View Details
    • Value Estimation by Request
      1,867 SF

      5 Perine St

      OFFICE/RESIDENTIAL (MIXED USE)
      5 Perine St, Dansville, NY 14437-1257
      View Details

    Similar Nearby for Sale

    • $180,000

      Historic Theatre Building For Sale

      Business district property with thriving historic theatre as tenant.
      144 Main St, Dansville, NY 14437
      View Details
    • $379,900
      6,153 SF

      Dansville Commercial Building - Prime Location

      Spacious commercial building, 2.66 acres, great visibility.
      7 Main St, Dansville, NY 14437
      View Details
    • $2,100,000

      Dansville Multi-Tenant Investment Property

      Multi-tenant property in Dansville, NY with long-term tenants.
      299 Main St, Dansville, NY 14437
      View Details
    • $149,900
      Pending

      Commercial Land Available

      Commercial land for sale.
      9477-9481 Foster Wheeler Rd, Dansville, NY 14437
      View Details
    • $139,900
      1,190 SF

      Dansville Multifamily Residence For Sale

      Two-unit residence in Dansville, New York with rental income.
      40 NE Clara Barton St SW, Dansville, NY 14437
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Dansville Industrial Facility For Lease

      70,875 SF industrial facility with heavy power and highway access.
      10 Forbes St, Dansville, NY 14437
      View Details
    • Contact for pricing

      Land For Rent

      Land available for rent in Dansville, NY.
      152 Franklin St, Dansville, NY 14437
      View Details
    • Contact for pricing

      Dansville Vacant Land For Rent

      4 acres of vacant land available for manufacturing and industrial.
      45 Maple St, Dansville, NY 14437
      View Details
    • Contact for pricing
      6,000 SF

      Dansville Retail Space Available

      6,000 square foot retail space for lease.
      10-70 Village Plz, Dansville, NY 14437
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    172 Main St
    Dansville, NY 14437
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    172 Main St, Dansville, NY, 14437
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!