Active

148 Main Street

Milo NY, 14527

$525,000


$27.39 per sqft

Active

19,166 sqft

Commercial

Built in 1869

Embrace a piece of history with this iconic gem at the northern end of Main Street. The majestic "Arcade Building" stands as a beacon of opportunity, featuring at least three retail spaces with the potential for more if expanded down the grand hall. Whether you're envisioning a boutique hotel, stylish apartments, or a unique destination venue, this multi-use property offers endless possibilities.
The building's grandeur is accentuated by its sweeping staircase leading to a spacious second floor, perfect for hosting special events. A stunning skylight lights both floors, enhancing the high ceilings and expansive rooms throughout. The third floor offers two huge spaces - perfect for loft living with views over the surrounding village.
Sold as-is, this property requires some TLC but comes with the added benefit of DRI grant funding availability and includes comprehensive hotel plans. Don't miss your chance to transform this historic landmark into a vibrant new chapter for Penn Yan!

R1558439

MLS ID

August 12, 2024

Listed

October 15, 2024

Updated

Map

148 Main Street
Milo NY, 14527

Interior Features

Total Stories

3


Floor Description

Hardwood, Other, See Remarks, Varies


Fireplace

No


Cooling

Yes


Cooling Description

Other, See Remarks


Heating

Yes


Heating Description

Electric, Other, See Remarks

Exterior/Building Features

Lot Size

0.23 Acres


Roof

Built-Up, Other, See Remarks, Tar/Gravel


Sewer

Public Sewer

School Information

School District

Penn Yan

Other Property Details

Area Name

Penn Yan Village-Milo-573001


Taxes

$7,144


Tax Frequency

Annually


Days on Market

48


Garage

No


Parking Total

0


View

No


County

Yates


Municipality

Penn Yan-Village


Pool

No


Zoning

Multi Use

Listing History

Date

Event

Price

9/27/2024

Price change

$525,000

-9%

 

Courtesy of Howard Hanna Lake Group, Jan Corning

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), James "Bobby" Blaine, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 12:13 AM UTC, 10/15/2024

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