Courtesy: The Real Estate Agency
315-604-0718
Discover a compelling mixed-use investment opportunity at 116 Main Street in Moravia. Featuring commercial space occupied by an established tenant with a lease in place and two updated residential apartments, each with two bedrooms and one full bathroom, this property offers multiple rental income streams. A one-car garage with a new roof, overhead door, and concrete floor provides valuable storage, while off-street parking adds everyday convenience. Located along Main Street among local businesses and village amenities, the property offers an accessible setting for both residential and commercial tenants. With updated apartments, an established commercial tenancy, and practical amenities, this property is an appealing opportunity to build or expand your investment portfolio.
The butcher shop is 120 x 48 and has in-floor radiant heat throughout, and spray foam insulation in the walls and ceilings. There is a second-floor office with a half bath, and a large attic storage area that could be converted into living space. Outside, there is a concrete slab for receiving with a large electric hoist and rail system that leads into the large cooler. There is an outside wood boiler to heat the shop to save on heating fuel. The built-ins include a 30 x 14 walk-in cooler with a three-rail system, and a 12 x 12 walk-in freezer. All the fixtures are included along with an Enviropack smoker, meat saw, grinder, vacuum sealer, and more. Main residence has 4 bedrooms, 2.5 baths, 2,144 sq. ft. and has been completely remodeled with newer modern kitchen, laundry room, formal dining room, large living room, half bath on the first floor, and 4 bedrooms on the second floor with 2 full baths. This is an established, turn-key butcher shop with a residence located on 13 acres.
Village of Moravia - Former Branch Bank Building. Property package consists of a one-and two-story row style building. One-story building formerly used as a branch bank with drive-thru. Two-story row building has primarily been used for retail and currently has a hair salon as tenant. Interior of former bank branch building features teller stations, a vault, numerous private offices, meeting rooms, break room, bathrooms [2], storage and dedicated area for drive-thru operation. Commercially zoned, Center of Village Business District, serviced by all public utilities, lots of onsite paved parking and adjacent to Kinney Drugs and across street from General Dollar.
Moravia is located in New York. Moravia, New York has a population of 3,349. Moravia is more family-centric than the surrounding county with 27.16% of the households containing married families with children. The county average for households married with children is 23.38%.
The median household income in Moravia, New York is $64,423. The median household income for the surrounding county is $59,602 compared to the national median of $69,021. The median age of people living in Moravia is 42 years.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 39.7 inches per year, with 71.9 inches of snow per year.
