34 Main St Addison, NY 14801

This stabilized mixed-use property in Addison, NY, presents a compelling investment opportunity. Located at 34 Main St, this 3,456 square foot building boasts a prime location with high visibility and foot traffic. The property features one ground floor commercial space, ideal for retail or office use, and two fully occupied one-bedroom apartments on the second floor. The building, constructed in 1900, underwent significant renovations in 2008 and 2012, including updates to the first floor commercial space, second-floor apartments, and the building's façade. A new rubber membrane roof was installed in 2014 and again in 2018. Further improvements include basement insulation (2017), attic insulation, basement support additions, and electrical upgrades. The property includes two+ off-street parking spaces in the rear, supplemented by ample street parking. Current leases include water and sewer, and internet access; tenants are responsible for other utilities. The property sits on a 0.06-acre lot and is zoned for commercial use. Addison, a quaint village with a population of 1553, offers a strong local market, situated conveniently 12 miles from Corning, NY. This property is perfect for both business owners and rental investors seeking a stable, income-generating asset in a desirable location. The asking price is $139,000.