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Property profile & analytics
OFF-MARKET
Investment properties

230 Main St Palmyra, NY 14522-1168

3,476 SF 0.04 ac lot Built 1870
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US63-3661560
Property summary
AI-generated overview

This exceptional multi-use commercial property, situated at 230 E Main St in the heart of Palmyra, NY, presents a unique investment opportunity. The three-story brick building boasts a total of 4,554 square feet and sits on a 0.04-acre lot. The property features two street-level storefronts, ideal for a variety of retail or service businesses, and four separate one-bedroom apartments, providing excellent rental income potential. Ample parking is available, with three designated spots for the building and additional street parking, plus a convenient municipal lot located at the rear. While the interior is currently undergoing rehabilitation, this presents a chance for a new owner to customize the space to their exact specifications. The building's prime location in Palmyra ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The asking price is $150,000. Offers will be responded to within 24 hours. Don't miss this chance to acquire a versatile property with significant upside potential in a thriving community. Serious inquiries only, please.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1870
Total area 3,476 SF
Lot 0.04 ac (1,742 SF)
Zoning code C1
APN 543601 64111-11-724686
UPID US63-3661560
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lemon Prop Hldgs LLC · 3 yrs held
Lemon Prop Hldgs LLC
since 2023
Last sale
$60,000
4 recorded transactions
2023
$60,000
2018
$47,000
2013
Price N/A
2010
Price N/A
Zoning & alternative use
C1 · Palmyra, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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