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9 W Main St 4,975 SF 100% Leased Retail Building Honeoye Falls, NY 14472 $379,900 ($76.36/SF) 11.31% Cap Rate



Investment Highlights
- Mixed-use configuration featuring a commercial storefront and three residential apartments.
- Versatile first-floor layout suitable for office, boutique retail, studio, or service businesses.
- Dual front and rear entrances plus on-site parking for convenient accessibility.
- All residential units fully leased with long-term tenants, ensuring strong income stability.
- Large display windows provide abundant natural light and enhance storefront visibility.
- Located in the heart of the Village of Honeoye Falls, offering a vibrant and high-visibility setting.
Executive Summary
Rare opportunity to own a well-maintained mixed-use property in the heart of the Village of Honeoye Falls. This has been lovingly held by the same owner for over 50 years and offers a proven track record of stability and income. The upper level features three fully rented residential apartments with long-term tenants in place (since 2010, 2016, and 2020), providing consistent and reliable cash flow. The main level offers a versatile commercial storefront, previously utilized as professional office space, ideal for a wide range of uses including office, boutique retail, studio, or service-based business. The first floor space is thoughtfully laid out with both front and rear entrances, abundant natural light from large display windows, and ample on-site parking—enhancing both visibility and accessibility. Whether you are an investor seeking a steady income-producing asset or an owner-occupant looking to operate your business while offsetting expenses with rental income, this property delivers flexibility and long-term value. Situated in a high-visibility location within a charming and vibrant village setting.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,975 SF
Building Class
C
Year Built
1965
Price
$379,900
Price Per SF
$76.36
Cap Rate
11.31%
NOI
$42,975
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.14
Lot Size
0.10 AC
Zoning
05
Parking
10 Spaces (2.57 Spaces per 1,000 SF Leased)
Frontage
29’ on Main St
Amenities
- Corner Lot
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 263601-228-430-0001-022-000 | Improvements Assessment | $101,000 |
| Land Assessment | $36,000 | Total Assessment | $137,000 |
Property Taxes
Parcel Number
263601-228-430-0001-022-000
Land Assessment
$36,000
Improvements Assessment
$101,000
Total Assessment
$137,000
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9 W Main St
