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114-116 E Main St 6,240 SF 100% Leased Retail Building Penn Yan, NY 14527 $1,950,000 ($312.50/SF)
INVESTMENT HIGHLIGHTS
- Prime Main Street frontage in the heart of downtown Penn Yan
- High-end finishes with an elevated, hospitality-inspired design aesthetic
- Located in the Finger Lakes Wine Country near Keuka Lake, wineries, and wedding venues
- Flexible mixed-use asset with ground-level commercial space and luxury residence above
- Dedicated sauna/wellness area enhancing marketability and user experience
- Within reach of Rochester, Syracuse, and regional airports for convenient travel
EXECUTIVE SUMMARY
114–116 Main Street offers a rare opportunity to acquire a thoughtfully reimagined mixed-use property with prime Main Street frontage in the heart of downtown Penn Yan. The ground-level storefront provides excellent visibility and flexibility for retail, office, or boutique use, while the upper-level residence delivers a level of high-end finish and comfort rarely found in commercial assets.
The property’s current design conveys an elevated, hospitality-inspired atmosphere — more akin to a private retreat than a traditional mixed-use building. From the moment you enter, the space reflects refined detailing and a high-end aesthetic, enhanced by designer finishes and a dedicated sauna area. This distinctive character enhances marketability and user experience without limiting the property’s versatility.
Located in the Finger Lakes Wine Country, within a walkable Main Street setting and in close proximity to wineries, wedding venues, and year-round tourism drivers, the property is exceptionally well positioned. Whether utilized as an owner-occupied live/work opportunity, an income-producing mixed-use asset, or a commercial property paired with a luxury residence, 114–116 Main Street offers long-term flexibility, lifestyle appeal, and strong positioning within a growing regional market.
Property currently used by owners, but owners will be moving out so space will be available.
Key Highlights
* Prime Main Street visibility in downtown Penn Yan
* Flexible mixed-use configuration suitable for a variety of commercial uses
* High-end residential component with designer finishes
* Dedicated sauna area enhancing overall appeal and marketability
* Walkable location near Keuka Lake, wineries, and regional tourism anchors
* Ideal for owner-operators, investors, or out-of-area buyers seeking a Finger Lakes presence
The property’s current design conveys an elevated, hospitality-inspired atmosphere — more akin to a private retreat than a traditional mixed-use building. From the moment you enter, the space reflects refined detailing and a high-end aesthetic, enhanced by designer finishes and a dedicated sauna area. This distinctive character enhances marketability and user experience without limiting the property’s versatility.
Located in the Finger Lakes Wine Country, within a walkable Main Street setting and in close proximity to wineries, wedding venues, and year-round tourism drivers, the property is exceptionally well positioned. Whether utilized as an owner-occupied live/work opportunity, an income-producing mixed-use asset, or a commercial property paired with a luxury residence, 114–116 Main Street offers long-term flexibility, lifestyle appeal, and strong positioning within a growing regional market.
Property currently used by owners, but owners will be moving out so space will be available.
Key Highlights
* Prime Main Street visibility in downtown Penn Yan
* Flexible mixed-use configuration suitable for a variety of commercial uses
* High-end residential component with designer finishes
* Dedicated sauna area enhancing overall appeal and marketability
* Walkable location near Keuka Lake, wineries, and regional tourism anchors
* Ideal for owner-operators, investors, or out-of-area buyers seeking a Finger Lakes presence
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
6,240 SF
Year Built
1900
Price
$1,950,000
Price Per SF
$312.50
Percent Leased
100%
Building Height
3 Stories
Building FAR
3.58
Lot Size
0.04 AC
Frontage
26’ on Main Street
AMENITIES
- Security System
- Air Conditioning
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 573001-049-075-0001-010-000-0000 | Improvements Assessment | $184,100 |
| Land Assessment | $4,900 | Total Assessment | $189,000 |
PROPERTY TAXES
Parcel Number
573001-049-075-0001-010-000-0000
Land Assessment
$4,900
Improvements Assessment
$184,100
Total Assessment
$189,000
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114-116 E Main St
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