101 Main Street Phelps, NY $ 350,000
101 Main Street
$ 350,000
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101 Main Street

Phelps, NY, 14532
$ 350,000
Bedrooms-- Baths-- Sq 8,298

Monthly Estimate*

$ 2,184

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Commercial Property for sale in Phelps, NY

for $350,000. This 8,298 square foot building was built in 1839 on a lot size of 0.0616.

Also listed as R1609842. Presenting a rare opportunity to acquire a distinguished and highly sought-after “PRIME” piece of real estate, renowned within the community and boasting a loyal clientele built over 60 years. This prime property, situated in a high-traffic area, promises a lucrative investment with substantial potential for continued success. The building encompasses 8,298 sq. ft. and features: Versatile Retail Spaces: 2 or 3 ground-floor retail spaces ideal for a variety of uses including a store front, hair salon, restaurant, or event space with expansive front windows, ensuring maximum visibility and appeal. Residential Units: 3 spacious upper-level apartments, each offering comfort and convenience with the added benefit of an open deck at the rear. Looking to start a business? Let the rental income from the apartments help cover your business space costs, making this an even more attractive investment. Upgrades include a new rubber roof installed in 2015 & new back stairs, ensuring durability and long-term value. Seize this exceptional opportunity to own a landmark property with a storied legacy and significant future potential.

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Commercial Active

Price

$ 350,000

Property Type

Commercial

Taxes

$ 6,613

Style

Apartment

Lot Size

0.0616

Year Built

1839

Town/City

Phelps

County/Region

Ontario

MLS | Web ID

R1609836

Features
General
Sewer PublicSewer
Heating Electric Baseboard
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Membrane Rubber
Zoning 5
Construction Materials AtticCrawlHatchwaysInsulated Block
School District Phelps-Clifton Springs (Midlakes)
Year Built 1839
Electric Volts240
Stories Count 2
Township Phelps-Village
Levels Two
Property Subtype Apartment
Business Type BarTavernLounge
Accessibility NoStairs AccessibleApproachWithRamp AccessibleEntrance
County Ontario
Property Type CommercialSale
Possible Use HotelMotel Office Residential Restaurant Retail
Building Features PublicRestrooms
Status Active
City Phelps
High School District Phelps-Clifton Springs (Midlakes)
Zoning Description Commercial
Number Of Units Total 0
MLS Area Phelps-Village-324001
Lot Size Units Acres
Lot Size Square Feet 2684.0
Year Built Details Existing
Tax Annual Amount 6613.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://idx.imprev.net/i/34600/R1609836/2113/html/virtualtour/listing/idx/index.html
Standard Status Active
Middle/Junior School District Phelps-Clifton Springs (Midlakes)
Elementary School District Phelps-Clifton Springs (Midlakes)
Tax Assessed Value 180000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 16
Property Sub Type Additional Apartment Commercial
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Interior
Basement Full
Flooring Carpet Hardwood Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OffSite
Lot Features IrregularLot
Water Source Public
Total Parking 0.0
Inclusions Land and Building
Lot Size Area 0.0616
Number of Buildings 1
Building Area Total 8298.0
Lot Dimensions 44X60
Lot Size Acres 0.0616
Waterfront Y/N No
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Internal Only
Street Number 1 101
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* Excluded Features
List By
Hunt Real Estate Era/Columbus

Broker

(585) 388-1400

Phone

Affordability Calculator

$2,735
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$551
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
3038092 Elementary School
3038086 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$350,000 -6.67% Price Down
5/27/2025$375,000 Listed Price

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101 Main Street, Phelps, NY, 14532 is a Commercial Property for sale at $350,000 with 8,298 sqft and a lot size of 0.0616. 101 Main Street was built in 1839. The property's zip code is 14532 which is in Phelps, NY