Courtesy: Empire Realty Group
315-871-4000
Investor Special in the Heart of Lyons! Attention investors, developers, and visionaries! This three-story boarding house located at 78–82 Water Street offers a rare opportunity to restore a historically utilized 12-room income property with additional office space on the lower level. Formerly fully occupied and income-producing, the building has been vacant for the past 4–6 months and is currently condemned, requiring updates to bring it back up to code. Located in the center of Lyons, just steps from Central Park, this property boasts excellent visibility, walkability, and proximity to local shops, government offices, and the Erie Canal. Once revitalized, it could serve as a multi-unit rental, boarding house, or even be reimagined into a live-work space or community housing project. With its size, location, and layout, this property has strong redevelopment potential—perfect for a buyer with a plan and the ability to breathe life back into a centrally located staple of the Lyons community.
Lyons is located in New York. Lyons, New York has a population of 5,631. Lyons is less family-centric than the surrounding county with 23.15% of the households containing married families with children. The county average for households married with children is 27.51%.
The median household income in Lyons, New York is $56,531. The median household income for the surrounding county is $64,152 compared to the national median of $69,021. The median age of people living in Lyons is 40.2 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 37 inches per year, with 61.3 inches of snow per year.
