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9 S Main St 8,547 SF 45% Leased Retail Building Manchester, NY 14504 $699,900 ($81.89/SF)
Investment Highlights
- Mixed-use property offering two commercial spaces and four residential apartments across two buildings.
- Front building features two commercial units (approx. 1,200 sq ft each) suitable for restaurant, bar, coffee shop, or similar uses.
- Separate meters for all units simplify management and utility allocation.
- Current rental income of $5,700/month with potential to increase to $9,700/month once fully leased.
- Residential units include large floor plans: 3 and 4-bedroom apartments in the front building and recently built 3-bedroom and 2-bedroom units in the
- Off-street parking available for tenants and customers.
Executive Summary
Incredible Mixed-Use Investment Opportunity
Amazing opportunity to open your own bar, coffee shop, or restaurant while having rental income help pay your mortgage or loan. This versatile mixed-use property features two commercial spaces and four residential apartments across two buildings, with strong rental income and additional upside.
The property is currently generating $3,900/month in rental income and is projected to reach $5,700/month once the remaining unit is leased. All spaces have separate meters, making management simple and utilities easy to allocate.
Building 1 – Front Building
Commercial Spaces (Lower Level – Approx. 2,400 SQ FT Total)
• Unit 1 – South Side: 1,200 sq ft commercial space currently configured as a restaurant with kitchen area
• Unit 2 – North Side: 1,200 sq ft commercial space ideal for a bar, café, or additional restaurant concept
Commercial spaces are equipped with wall-mounted HVAC units.
Residential Apartments (Upper Level)
•Unit 3 – South Side: 3 Bedrooms, 1 Bathroom
•Currently rented for $1,250/month
•Lease expires 2/28/2027
•Unit 4 – North Side: 4 Bedrooms, 1 Bathroom
Currently rented for $1,250/month
Lease expires 2/28/2028
Building 2 – Rear Building
•Unit A – Lower Level:
•Newer construction
•3 Bedrooms, 2 Bathrooms
• – Rented at $1,800/month
• Unit B – Upper Level:
•Newer construction
•2 Bedrooms, 1.5 Bathrooms
•Rented for $1,400/month
•Lease is month-to-month
Additional Property Features
• Separate meters for every unit
• Electric heat for all residential units
• Off-street parking available
• Owner pays: water, garbage
• Tenants pay: all utilities
This property offers multiple income streams, owner-operator potential, and strong rental demand, making it an excellent opportunity for investors or entrepreneurs looking to operate their own business while building equity through rental income.
Amazing opportunity to open your own bar, coffee shop, or restaurant while having rental income help pay your mortgage or loan. This versatile mixed-use property features two commercial spaces and four residential apartments across two buildings, with strong rental income and additional upside.
The property is currently generating $3,900/month in rental income and is projected to reach $5,700/month once the remaining unit is leased. All spaces have separate meters, making management simple and utilities easy to allocate.
Building 1 – Front Building
Commercial Spaces (Lower Level – Approx. 2,400 SQ FT Total)
• Unit 1 – South Side: 1,200 sq ft commercial space currently configured as a restaurant with kitchen area
• Unit 2 – North Side: 1,200 sq ft commercial space ideal for a bar, café, or additional restaurant concept
Commercial spaces are equipped with wall-mounted HVAC units.
Residential Apartments (Upper Level)
•Unit 3 – South Side: 3 Bedrooms, 1 Bathroom
•Currently rented for $1,250/month
•Lease expires 2/28/2027
•Unit 4 – North Side: 4 Bedrooms, 1 Bathroom
Currently rented for $1,250/month
Lease expires 2/28/2028
Building 2 – Rear Building
•Unit A – Lower Level:
•Newer construction
•3 Bedrooms, 2 Bathrooms
• – Rented at $1,800/month
• Unit B – Upper Level:
•Newer construction
•2 Bedrooms, 1.5 Bathrooms
•Rented for $1,400/month
•Lease is month-to-month
Additional Property Features
• Separate meters for every unit
• Electric heat for all residential units
• Off-street parking available
• Owner pays: water, garbage
• Tenants pay: all utilities
This property offers multiple income streams, owner-operator potential, and strong rental demand, making it an excellent opportunity for investors or entrepreneurs looking to operate their own business while building equity through rental income.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,547 SF
Year Built
1948
Price
$699,900
Price Per SF
$81.89
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.27 AC
Zoning
05 - COMME - Commercial
Parking
20 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
73’ on Main St
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Available at $2,000 per month.
Available at $2,000 per month.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,363 SF | Retail | - | Now |
| 1st Floor | 2,363 SF | Retail | - | Now |
1st Floor
| Size |
| 2,363 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 2,363 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,363 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Available at $2,000 per month.
1st Floor
| Size | 2,363 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Available at $2,000 per month.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 323601-032-014-0001-050-000 | Improvements Assessment | $221,300 |
| Land Assessment | $25,000 | Total Assessment | $246,300 |
Property Taxes
Parcel Number
323601-032-014-0001-050-000
Land Assessment
$25,000
Improvements Assessment
$221,300
Total Assessment
$246,300
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