Technical
Financial
Distress signals
Property profile

19 Main St Canisteo, NY 14823

OFF-MARKET
Investment properties
Property ID
US63-5365841
4,264 SF 0.08 ac lot Built 1917
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 6,504 square foot commercial building, situated in the vibrant Canisteo business district at 19 Main St, presents a unique investment opportunity. The property boasts a flexible, open-concept floor plan adaptable to a wide range of uses, including retail storefront, office space, or even residential conversion. Spread across two floors, the expansive layout offers ample room for various business needs or creative living arrangements. Significant cosmetic and utility upgrades have been completed, ensuring a smooth transition for the new owner. A key feature is the fully operational Warsaw Elevator Co. elevator, providing convenient access to both floors, ideal for efficient inventory management or multi-level operations. A full basement provides substantial storage or workshop space, complete with built-in shelving, adding further value and utility. The property sits on a 0.08-acre lot, offering convenient access and visibility within the bustling commercial heart of Canisteo. This is a rare chance to acquire a well-maintained, versatile property with significant potential for immediate occupancy and future growth. The asking price is $55,000.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1917
Total area 4,264 SF
Lot 0.08 ac (3,485 SF)
Zoning code 05 - COMMERCIAL
APN 463201 197.49-01-020.000
UPID US63-5365841

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Home Decor Store (Bike/Boat/Book/etc) Store
  • Public Library

Location

19 Main St Canisteo, NY 14823-1125
Canisteo metro Census 961900 CORNING, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2022
Last sale
$45,000
3 recorded transactions
2022
$35,000
2006
$35,000
2005
$45,050

Zoning & alternative use

05 - COMMERCIAL · Canisteo, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 19 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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