This outstanding commercial investment presents a rare opportunity to own a fully renovated, income-producing property in a desirable Finger Lakes location. Situated on an expansive 2.3-acre lot, this exceptional mixed-use property offers immediate income potential and modern amenities, featuring a completely transformed commercial space alongside two occupied residential apartments that provide multiple revenue streams from day one. The commercial space has been completely renovated with brand-new luxury vinyl flooring throughout, fresh drywall, and professional finishes. It features newly installed bathrooms with modern fixtures, new energy-efficient windows, and an on-demand hot water system for optimal efficiency. The residential income component comprises two occupied apartments that generate immediate rental income, each equipped with new hot water tanks and an established tenant base. This stable rental income helps offset carrying costs and provides immediate cash flow for investors.
Located strategically on NY Route 96A, the property offers high traffic visibility and excellent exposure for commercial ventures. The mixed-use zoning provides flexibility for various business opportunities, while the expansive lot offers ample parking and room for future development or expansion.
This turnkey property is perfect for investors seeking a value-add opportunity with immediate income potential or entrepreneurs looking for a premium commercial space with built-in rental income support. The combination of modern renovations, established tenants, and prime location creates an exceptional investment opportunity in the heart of the Finger Lakes region.
DAYS ON MARKET
|
2
|
LAST UPDATED
|
7/7/2025
|
YEAR BUILT
|
1956
|
COMMUNITY
|
Romulus-453089
|
COUNTY
|
Seneca
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
|
|
School District |
South Seneca |
AREA |
Romulus-453089 |
EXTERIOR |
Propane Tank - Leased |
GARAGE |
Yes |
HEAT |
Electric, Forced Air, Propane |
INTERIOR |
Drive-In Doors, Office, Pole Sign, Public Restrooms |
LOT |
2.3 acre(s) |
LOT DESCRIPTION |
Rectangular, Rectangular Lot |
LOT DIMENSIONS |
371x328 |
PARKING |
On Site |
SEWER |
Public Sewer |
STORIES |
1 |
TAXES |
4214 |
UTILITIES |
Electricity Available,Electricity Connected,Sewer Connected, |
WATER |
Well |
ZONING |
Other - See Remarks |
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Listing provided by: Jason Scarbrough, Warren Real Estate - Watkins Glen
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