114-116 Main Street Penn Yan, NY $ 1,950,000
114-116 Main Street
$ 1,950,000
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114-116 Main Street

Penn Yan, NY, 14527
$ 1,950,000
Bedrooms-- Baths-- Sq 6,240

Monthly Estimate*

$ 12,165

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Commercial Property for sale in Penn Yan, NY

for $1,950,000. This 6,240 square foot building was built in 1900 on a lot size of 0.0418.

Prime mixed-use opportunity in the heart of downtown Penn Yan, steps from Main Street amenities and minutes to Keuka Lake. The first-floor commercial space offers strong visibility, tall display windows, and two separate entry points, making it ideal for boutique retail, professional services, or other commercial concepts. The layout suggests the potential for division into two suites, subject to municipal approval. Located in a high-visibility corridor with steady foot traffic, and nearby municipal parking. This level features updated finishes, high ceilings, and flexible layout options suited for a wide range of businesses. An interior staircase leads to the private upper floors, which include a fully renovated luxury residence. The residential space offers premium rental appeal, or an exceptional live-work setup for an owner-occupant seeking convenience and modern comfort. The residence includes a custom kitchen, office, spacious living areas, and a full bedroom on the first living level. The upper level functions as a luxury primary suite with spa bath, marble tile, sauna, and a flex room that could serve as a third bedroom or wellness space. This property delivers walkability, visibility, and the rare opportunity to combine commercial space with high-quality residential living in one of the Finger Lakes’ most vibrant village centers.

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Commercial Active

Price

$ 1,950,000

Property Type

Commercial

Taxes

$ 5,366

Style

MixedUse

Lot Size

0.0418

Year Built

1900

Town/City

Penn Yan

County/Region

Yates

MLS | Web ID

R1620554

Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Cooling CentralAir
Utilities ElectricityConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Membrane Rubber
Zoning VC
Construction Materials BlownInInsulation
School District Penn Yan
Year Built 1900
Stories Count 3
Township Penn Yan-Village
Property Subtype MixedUse
County Yates
Property Type CommercialSale
Possible Use Other
Building Features Office
Total Rooms 8
Status Active
Directions Located on Main Street in Downtown Penn Yan. Take Liberty Street to Elm Street then turn left onto Main Street. 114-116 Main Street is on the left side.
City Milo
High School District Penn Yan
Zoning Description Other - See Remarks
Number Of Units Total 0
MLS Area Penn Yan Village-Milo-573001
Lot Size Units Acres
Lot Size Square Feet 1820.0
Year Built Details Existing
Tax Annual Amount 5366.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Penn Yan
Elementary School District Penn Yan
Tax Assessed Value 189000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 10
Property Sub Type Additional MixedUse
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Interior
Basement Full
Flooring Hardwood Varies
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Air Conditioning 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 None
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 0.0
Inclusions Land and Building
Lot Size Area 0.0418
Number of Buildings 1
Building Area Total 6240.0
Lot Dimensions 26X70
Lot Size Acres 0.0418
Waterfront Y/N No
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Internal Only
Street Number 1 114
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* Excluded Features
List By
Real Broker Ny Llc

Broker

(585) 643-9770

Phone

Affordability Calculator

$12,613
Per Month
96%
4%
0%
Monthly Principal & Interest
$12,165
Monthly Property Taxes
$447
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
3323589 Elementary School
3323715 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2025$1,950,000 Listed Price

Map


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114-116 Main Street, Penn Yan, NY, 14527 is a Commercial Property for sale at $1,950,000 with 6,240 sqft and a lot size of 0.0418. 114-116 Main Street was built in 1900. The property's zip code is 14527 which is in Penn Yan, NY