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Executive Summary

Great Opportunity for Investor looking for a Finger Lakes Region Asset at the N.E. end of Keuka Lake in the Village of Penn Yan Commercial District.
Located across from the Hampton Inn and Knapp & Schlappi Lumber Yard.
The Gross Bldg. Area is 21,227 SF is situated on 2.4 acres offering 65 parking spaces.
It is Zoned General Commercial.
A mix of Professional Office, Wellness Services and Retail Services-it is a well-cared for Building with updated infrastructure.
Offering a Net Operating Income of $105,300/yr.

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
19,752 SF
Building Class
B
Year Built
1991
Price
$1,768,530 CAD
Price Per SF
$89.54 CAD
Cap Rate
8.13%
NOI
$143,804 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,752 SF
Building FAR
0.19
Lot Size
2.40 AC
Zoning
General Commercial
Parking
50 Spaces (2.53 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Safe Haven
  • Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Safe Haven Services - $9.99 Lorem Ipsum Jan 0000
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
573001-061-034-0001-046-000-0000
Land Assessment
$196,112 CAD
Improvements Assessment
$918,021 CAD
Total Assessment
$1,114,133 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 36075210

  • Date on Market: 2025-06-02

  • Last Updated:

  • Address: 270 Lake St, Penn Yan, NY 14527

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