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Investment Highlights

  • Mixed-use property with commercial and residential components.
  • Separate entrance for the upper-level apartment.
  • Carriage house offers storage or workspace options.
  • Income-producing commercial space currently leased.
  • Additional lot provides parking or future-use potential.
  • Located in downtown Waverly near local businesses and services.

Executive Summary

441 Fulton Street presents an opportunity to acquire a mixed-use asset positioned along Waverly’s historic Main Street corridor. The property combines an income-producing ground-floor commercial space with a separately accessed upper-level apartment, creating flexibility for investors seeking current cash flow and future operational options. The existing commercial tenant provides immediate occupancy, while the business itself is not included in the sale, allowing future ownership flexibility.
The building features architectural details that distinguish it from many traditional downtown properties, including coffered ceilings, a handcrafted wood staircase, and period craftsmanship throughout. A separate residential entrance supports independent use of the apartment and commercial components. In addition to the primary structure, the property includes a carriage house that may support storage, workshop, studio, or other supplemental uses subject to local requirements.
Located within Waverly’s established downtown business district near the Pennsylvania border, the property benefits from access to local commerce, community services, and regional transportation connections serving the Southern Tier. The combination of a leased commercial component, residential occupancy potential, additional land area, and accessory improvements creates multiple avenues for long-term ownership strategies. Whether pursued as an investment, owner-occupant opportunity, or mixed-use redevelopment play, the property offers a blend of existing income, historic character, and future adaptability within a recognized village commercial setting.

Property Facts

Sale Type Investment
No. Units 1
Property Type Multifamily
Property Subtype Dormitory
Apartment Style Single-Family Home
Building Class C
Lot Size 0.90 AC
Building Size 3,549 SF
No. Stories 2
Year Built 1892
Zoning ZONE - Mixed-use downtown location supporting retail, office, service, and residential uses.

Amenities

Unit Amenities

  • Porch

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
7+2 1 - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 41375115

  • Date on Market: 2026-07-21

  • Last Updated:

  • Address: 441 Fulton St, Waverly, NY 14892

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