203 Lake Street Penn Yan, NY $ 799,900
203 Lake Street
$ 799,900
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203 Lake Street

Penn Yan, NY, 14527
$ 799,900
Baths0.0 Sq 5,200

Monthly Estimate*

$ 5,316

203 Lake Street, Penn Yan, NY 14527 - Image 1
203 Lake Street, Penn Yan, NY 14527 - Image 2
203 Lake Street, Penn Yan, NY 14527 - Image 3
203 Lake Street, Penn Yan, NY 14527 - Image 4
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203 Lake Street, Penn Yan, NY 14527 - Image 6
Studio

Commercial Property for sale in Penn Yan, NY

for $799,900. This 5,200 square foot building was built in 1988 on a lot size of 0.55.

This commercial plaza is located on a corner lot in a high traffic area and has three long-term tenants. Surrounded by anchor tenants, this location can't be beat. Tenants are responsible for paying for their individual space's utilities and maintenance. Two of the tenants have leases of over 10 years, while the third is on a month-to-month basis. The building's parking lot offers approximately 34 parking spaces with additional parking available off to the side. The roof has been replaced seven years ago. An investor could choose to keep all three spaces leased for a great return on their investment or use one of the spaces for their own business while earning income from the other two to supplement expenses. Well maintained and ready for a new Owner! Schedule your tour of this great opportunity today!

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Commercial Active

Price

$ 799,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,170

Style

Business

Lot Size

0.55

Year Built

1988

Town/City

Penn Yan

County/Region

Yates

MLS | Web ID

R1513708

Features
General
Sewer PublicSewer
Heating Gas Individual ForcedAir
Cooling Item1Unit CentralAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt Shingle
Zoning Commercial
Construction Materials MetalSiding WoodSiding
Year Built 1988
Stories 1
Township Penn Yan-Village
Levels One
Property SubType Business
County Yates
Net Operating Income -10170.0
Property Type CommercialSale
Status Active
Directions On corner of Liberty and Lake Street.
City Milo
High School District Penn Yan
Zoning Description Commercial
Total Units 0
MLS Area Penn Yan Village-Milo-573001
Lot Size Square Feet 23958.0
Waterfront Y/N No
Street Name Lake
Year Built Details Existing
Tax Annual Amount 10170.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 68
Standard Status Active
Middle/Junior School District Penn Yan
Elementary School District Penn Yan
Tax Assessed Value 310300
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 70
Property Sub Type Additional Business MixedUse Commercial
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Interior
Basement None
Total Fireplaces 0
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OnSite ParkingLot
Water Source Public
Total Parking 34.0
Inclusions Land and Building
Lot Size Area 0.55
Number of Buildings 1
Building Area Total 5200.0
Lot Dimensions 135X129
Lot Size Acres 0.55
Lot Size Units Acres
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Internal Only
Street Number 1 203
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* Excluded Features
List By
Re/Max Revolution

Broker

(315) 539-3323

Phone

Affordability Calculator

$6,164
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,316
Monthly Property Taxes
$848
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3323589 Elementary School
3323715 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/13/2023$799,900 Listed Price

Map


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203 Lake Street, Penn Yan, NY, 14527 is a Commercial Property for sale at $799,900 with 5,200 sqft and a lot size of 0.55. 203 Lake Street is a studio with 0.0 baths and was built in 1988. The property's zip code is 14527 which is in Penn Yan, NY