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