25 Main StCanisteo, NY 14823

  • Investment properties
  • 1,200 SF

Property Details for 25 Main St

Year built
1970
Lot size
0.04 AC
Property size (Sq ft)
1,200 SF
Zone code
05 - COMMERCIAL
Property type
Investment properties
Property subtype
Retail residential properties
APN
463201 197.49-01-017.000
APU
4632011974901017000

Description

This exceptional 1,000-square-foot executive office suite is available for immediate occupancy. Located at 25 Main Street in Canisteo, New York, this single-story, Class C building presents a unique investment opportunity. Built in 1970, the property sits on a 0.14-acre lot and is zoned COM-Commercial, offering flexibility for various professional uses. The entire 1,000 square feet is currently vacant, providing a blank canvas for a new tenant or business owner. The single-unit building offers convenience and privacy. This is a great opportunity for an owner-occupier or investor looking for a straightforward, manageable property. The seller is motivated and open to carrying a portion of the financing, making this an even more attractive proposition. The property's location in Canisteo, Steuben County, NY, zip code 14823, offers easy access to local amenities and transportation. This is a rare chance to acquire a well-situated, functional office space in a desirable location. Don't miss this chance to own a piece of Canisteo's commercial landscape. Contact us today to schedule a showing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $240,287
    6.5%
    $221,803
    7%
    $205,960
  • Comparable approach

    Method
    Valuation
    Relative Method
    $169,926
    Geo Method
    $117,013
  • Alternative Use

    Use
    Valuation
    Residential
    $221,803
    Hospitality
    $203,171
    Educational
    $169,036
    Medical
    $174,849
    Retail
    $262,944

Location Insight

City
Canisteo
County
Steuben
State
New York
Latitude
42.27
Longitude
-77.6046
CBSA code
18500
CBSA name
CORNING, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$2,400
$53,500
$55,900
-
$2,500
$55,729
$58,229

FAQs

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