Share This Listing

Message

917 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Immediate Cash Flow - Two occupied apartments provide rental income from day one with an established tenant base
  • Prime Location - Strategic NY Route 96A frontage offers high traffic visibility and commercial exposure.
  • Modern Infrastructure - Newly installed forced air heat and new hot water systems throughout (tanks for apartments, on-demand for commercial)
  • Turnkey Commercial Space - Completely renovated with new flooring, drywall, bathrooms, and windows - move-in ready
  • Expansive Land - 2.3-acre Corner Lot provides ample parking and potential for future development or expansion
  • Mixed-Use Flexibility - Zoning allows for various business ventures and income diversification

Executive Summary

Mixed-use investment property on this 2.3 acre corner lot — fully renovated and generating income from day one. Two-month-to-month residential apartments are currently occupied, providing immediate cash flow while the commercial space sits vacant and ready for a new tenant or owner-occupant. The commercial space has been comprehensively renovated: new vinyl plank flooring, fresh drywall, updated bathrooms, energy-efficient windows, newly installed forced-air heating, and an on-demand hot water system. Both apartments have new hot water tanks. The 2.3-acre corner lot offers high-visibility frontage on a well-traveled corridor, ample parking, and room to grow. At $325,000, this is a compelling entry point into the Finger Lakes market — immediate rental income in place and a renovated commercial space ready for whatever fits your vision.

Property Facts

Price $420,612 CAD
Price Per SF $89.87 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Flex
  • General Retail Storefront Retail/Office
  • General Retail Storefront Retail/Residential
  • Office Medical
Building Class C
Lot Size 2.00 AC
Rentable Building Area 4,680 SF
No. Stories 1
Year Built/Renovated 1956/2025
Parking Ratio 3.63/1,000 SF
Zoning Com 1 - Commercial

Utilities

  • Lighting
  • Gas - Propane
  • Water - Well
  • Sewer - City
  • Heating - Electric
Somewhat walkable
20/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
453089-019-000-0001-035-000-0000
Land Assessment
$23,211 CAD
Improvements Assessment
$138,563 CAD
Total Assessment
$161,774 CAD
  • Listing ID: 41549285

  • Date on Market: 2026-08-04

  • Last Updated:

  • Address: 1901 NY-96A Rt, Ovid, NY 14521

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}