Technical
Financial
Distress signals
Property profile

23 Main St Dryden, NY 13053

OFF-MARKET
Investment properties
Property ID
US63-2734443
2,970 SF 0.07 ac lot Built 1975
Individually Owned 28-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Dryden, NY retail property presents a unique investment opportunity. Located at 23 Main Street, this charming building boasts 2,970 square feet on a 0.7-acre lot. The ground floor currently operates as a thriving wine and spirits store, rumored to have been in business since Prohibition. The store features attractive hardwood floors and a tin ceiling, adding to its historical character. Two income-generating apartments are situated on the second floor: a studio apartment renting for $900 per month and a one-bedroom apartment renting for $1200 per month. The sale includes both the real estate and the established business, with inventory to be calculated at closing. Convenient parking is available with two dedicated spots in the rear, supplemented by ample street parking. The current owner is retiring after over 20 years of successful operation. Detailed financial information, including profit and loss statements, will be provided to pre-qualified buyers. This property offers the ideal opportunity to live and work on-site, or to provide housing for a general manager. Priced at $599,000, this is a rare chance to own a piece of Dryden's history and establish yourself as your own boss.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1975
Total area 2,970 SF
Lot 0.07 ac (3,072 SF)
Zoning code COM
APN 502401 15.-2-11
UPID US63-2734443

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
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

23 Main St Dryden, NY 13053
Dryden metro Census 2000 ITHACA, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2024
Last sale
$275,000
1 recorded transaction
2024
$275,000

Zoning & alternative use

COM · Dryden, 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 23 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