198 Center Street, Farmington, NY 14425 | MLS #R1693149 | HUNT Real Estate
 
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Outstanding investment and business opportunity in the heart of downtown Canandaigua! This well-maintained mixed-use property features three residential apartments and one commercial space, offering multiple income streams. Zoned RO (Residential Office), the commercial space was most recently operated as a hair salon, with salon equipment included in the sale—making it an ideal turnkey opportunity for a salon owner or other professional office use. Two apartments are currently occupied, with one vacant unit providing immediate rental or owner-occupancy potential. Each apartment has separate utilities for easy management. A large on-site parking area is a rare downtown amenity, while the mechanical wheelchair lift provides accessible entry to the first-floor commercial space. Conveniently located within walking distance of Canandaigua Lake, shops, restaurants, and everything downtown has to offer, this property is an exceptional opportunity for investors and owner-operators alike. Please allow 48 hours notice for showings.

Source: New York Alliance, MLS#: R1693149

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  • Property Type
    Commercial Sale
  • Lot
    0.25 acres

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  • Median Age
    35
  • Population Density
    655
  • College Educated
    50%
  • Estimated Median Income
    $66,445
  • Estimated Total Home Owners
    3,384
  • Estimated Total Renters
    1,514
  • Owner / Renter Divide
    69% / 31%
  • Estimated Average Household Size
    2
  • Total Population
    12,230
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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