32 Main Street

Description:

Prime investment opportunity in the heart of Scottsville, NY! This fully occupied mixed-use commercial property combines modern updates with long-term stability, making it an excellent addition to any portfolio. Featuring four income-producing commercial spaces and a spacious one-bedroom apartment, this property offers both a diverse business-tenant base and consistent cash flow. With off-street parking for tenants and customers, as well as ample street parking, convenience and accessibility are built right in. Located in a highly visible and desirable area of Scottsville, the property benefits from strong traffic flow, a thriving local business community, and proximity to Rochester (Downtown is 24 minutes away) and surrounding areas (RIT is an 11-minute commute). Scottsville is known for its charming small-town feel while being only minutes from major highways and the Greater Rochester International Airport (18 minutes away). This prime location allows businesses to flourish while attracting both local clientele and those from neighboring communities, ensuring strong occupancy and growth potential. The building itself has been thoughtfully updated and well-maintained, providing peace of mind for investors. A newer metal roof offers durability and longevity, while a high-efficiency furnace ensures energy savings and low utility costs for your tenants. Most units have been remodeled with modern finishes, making them attractive and functional for tenants. Separate utilities for each space simplify management and increase profitability, while the classic brick and block exterior offers timeless appeal and low maintenance. The property’s mix of retail, office, and residential space provides a diversified income stream that mitigates risk and enhances long-term value. The one-bedroom apartment adds a residential component to the investment, appealing to renters seeking convenience, affordability, and the ability to live in the heart of the village. Cashflowing from day one and a handsome cap rate all in one opportunity.

"Central Business District (CBD). The purpose of the Central Business District is to support the goals and policies contained in the Village's Comprehensive Plan and other relevant adopted plans and studies. The CB District is intended to foster the development of a pedestrian-scaled, mixed-use business district that caters to the community's need for local retail, services, and entertainment in a manner that is consistent with the traditional, historic character of the downtown area. In order to accomplish this, the CBD will regulate the location, design and use of structures and land to foster a dense concentration of activity with a high degree of amenities that creates a comfortable environment for Village residents and visitors. The CBD will also foster alternative and multi-modal transportation choices and enhancements to the public realm that support greater social interaction."


 

 


Flexible Zoning allows for a variery of tenants

On-Site Parking

Potential income from basment as storage units