114-116 Main Street
Penn Yan, NY, 14527 $ 1,499,999
Bedrooms-- Baths-- Sq 6,240 Monthly Estimate*
$ 9,236
for $1,499,999. This 6,240 square foot building was built in 1900 on a lot size of 0.0418.
A fully renovated luxury mixed-use building combining historic character with modern high-end finishes. Built in the early 1900s, it is located in the heart of downtown Penn Yan, minutes from Keuka Lake and surrounded by the Finger Lakes region’s wineries, restaurants, and boutique shops. Offering approximately 7,240 square feet across three floors, this property presents a rare opportunity to combine commercial and residential living. The first floor is a polished commercial space currently used as an office, featuring high ceilings, large display windows, and excellent Main Street visibility, ideal for professional services or boutique retail. The space includes custom-built wooden furniture crafted by Mennonite artisans, three bathrooms, two private offices, and a large open workspace with built-in desks and reception. The layout allows flexibility for different uses or potential division into multiple suites. The second and third floors form a luxury residential apartment with a private, retreat-like atmosphere. The second floor features hardwood floors, large windows, and preserved architectural details with modern upgrades. The open-concept kitchen includes Bosch appliances, custom cabinetry, granite countertops, pantry, and spacious dining area. This level also includes a private office with half bath, one bedroom, full bathroom, large living room, and laundry room. The third floor is a wellness-focused primary suite with a large bedroom, walk-in closet, and spa-style bathroom with a walk-in shower, multi-function showerheads, and massage tub. An additional room, currently used as a gym, can serve as a third/fourth bedroom or flexible space and includes a private sauna. Additional features include basement storage, recently renovated roof, new wooden shutters, central air, and gas forced-air heat. This is not a conventional income-producing rental property; it is a high-end residence combining luxury with a refined, integrated workspace. Standard rent roll metrics are not a meaningful basis for evaluating the property.
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FeaturesGeneralSewer 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
Waterfront Features Lake
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
Body of Water Keuka Lake
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
Year Built Details Existing
Tax Annual Amount 5614.0
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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InteriorBasement Full
Flooring Hardwood Other SeeRemarks 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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ExteriorParking 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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* Excluded FeaturesList ByReal Broker Ny, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,236
- Monthly Property Taxes
- $468
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Penn Yan, NY
Average List Price $962,166
Percent of Sale Price 36%
About Penn Yan, NY 12,738 Population
0% Since 2002
$ 49,864 Median Income
42.16 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3323589 Elementary School
3323715 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/22/2026 | $1,499,999 | | Listed Price |