137 South Main Street, Canandaigua, NY 14424

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Property Description

Renovated Three-Story Mixed-Use Building in Downtown Canandaigua Exceptional investment opportunity in the heart of Canandaigua's Central Business District. This fully renovated three-story building features a well-established, high-end restaurant occupying the main floor, with luxury apartments on the second and third floors. The upper floors were completely renovated in 2018, taken down to the brick and rebuilt with all-new electrical, plumbing, HVAC, granite countertops, and hardwood floors. The building exterior was refaced in 2020. Current Rents: First Floor (Restaurant): $2,100/month Second Floor Apartment: $1,800/month Third Floor Apartment: $1,500/month (below market; market rent approx. $1,800) Apartments have previously operated as AirBnB units, generating up to $300/night, offering strong short-term rental potential. Long-term apartment rents could reach $2,000/month per unit, in addition to restaurant income. Prime location in a thriving downtown area near the Finger Lakes-ideal for investors seeking stable income with upside potential.

137 South Main Street | MLS# R1657892

This commercial property located at 137 South Main Street, Canandaigua, NY 14424 is currently listed for sale with an asking price of $695,000. South Main Street is located within the Canandaigua school district. Search Canandaigua real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Business
Basement: Full
Cooling: Separate Meters, Central Air
Heating: Electric, Gas, Separate Meters, Forced Air
Lot Size: 0.03 Acres
Roof Type: Flat, Membrane, Rubber
Stories: 3.0
Taxes: $14,533
Year Built: 1900

Feature Descriptions

Building Features: Office, Public Restrooms
Days on Site: 134
Flooring: Hardwood, Varies
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 22X60
Parcel#: 320200-084-045-0001-065-002
Parking: Common, Off Site
Parking Notes: Common, Off Site
Sewer: Public Sewer
Utilities: Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Canandaigua

Demographics

Listed By / Shown By

Listing By

Agency Name: Griffith Realty Group
Agency Phone: 585-394-8000

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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