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9 S Main St 8,547 SF 72% Leased Retail Building Manchester, NY 14504 $965,715 CAD ($112.99 CAD/SF)
Investment Highlights
- Mixed-use property offering two commercial spaces and four residential apartments across two buildings.
- Front building features two commercial units (approx. 1,200 sq ft each) suitable for restaurant, bar, coffee shop, or similar uses.
- Separate meters for all units simplify management and utility allocation.
- Current rental income of $5,700/month with potential to increase to $9,700/month once fully leased.
- Residential units include large floor plans: 3 and 4-bedroom apartments in the front building and recently built 3-bedroom and 2-bedroom units in the
- Off-street parking available for tenants and customers.
Executive Summary
Incredible Mixed-Use Investment Opportunity
Amazing opportunity to open your own bar, coffee shop, or restaurant while having rental income help pay your mortgage or loan. This versatile mixed-use property features two commercial spaces and four residential apartments across two buildings, with strong rental income and additional upside.
The property is currently generating $3,900/month in rental income and is projected to reach $5,700/month once the remaining unit is leased. All spaces have separate meters, making management simple and utilities easy to allocate.
Building 1 – Front Building
Commercial Spaces (Lower Level – Approx. 2,400 SQ FT Total)
• Unit 1 – South Side: 1,200 sq ft commercial space currently configured as a restaurant with kitchen area
• Unit 2 – North Side: 1,200 sq ft commercial space ideal for a bar, café, or additional restaurant concept
Commercial spaces are equipped with wall-mounted HVAC units.
Residential Apartments (Upper Level)
•Unit 3 – South Side: 3 Bedrooms, 1 Bathroom
•Currently rented for $1,250/month
•Lease expires 2/28/2027
•Unit 4 – North Side: 4 Bedrooms, 1 Bathroom
Currently rented for $1,250/month
Lease expires 2/28/2028
Building 2 – Rear Building
•Unit A – Lower Level:
•Newer construction
•3 Bedrooms, 2 Bathrooms
• – Rented at $1,800/month
• Unit B – Upper Level:
•Newer construction
•2 Bedrooms, 1.5 Bathrooms
•Rented for $1,400/month
•Lease is month-to-month
Additional Property Features
• Separate meters for every unit
• Electric heat for all residential units
• Off-street parking available
• Owner pays: water, garbage
• Tenants pay: all utilities
This property offers multiple income streams, owner-operator potential, and strong rental demand, making it an excellent opportunity for investors or entrepreneurs looking to operate their own business while building equity through rental income.
Amazing opportunity to open your own bar, coffee shop, or restaurant while having rental income help pay your mortgage or loan. This versatile mixed-use property features two commercial spaces and four residential apartments across two buildings, with strong rental income and additional upside.
The property is currently generating $3,900/month in rental income and is projected to reach $5,700/month once the remaining unit is leased. All spaces have separate meters, making management simple and utilities easy to allocate.
Building 1 – Front Building
Commercial Spaces (Lower Level – Approx. 2,400 SQ FT Total)
• Unit 1 – South Side: 1,200 sq ft commercial space currently configured as a restaurant with kitchen area
• Unit 2 – North Side: 1,200 sq ft commercial space ideal for a bar, café, or additional restaurant concept
Commercial spaces are equipped with wall-mounted HVAC units.
Residential Apartments (Upper Level)
•Unit 3 – South Side: 3 Bedrooms, 1 Bathroom
•Currently rented for $1,250/month
•Lease expires 2/28/2027
•Unit 4 – North Side: 4 Bedrooms, 1 Bathroom
Currently rented for $1,250/month
Lease expires 2/28/2028
Building 2 – Rear Building
•Unit A – Lower Level:
•Newer construction
•3 Bedrooms, 2 Bathrooms
• – Rented at $1,800/month
• Unit B – Upper Level:
•Newer construction
•2 Bedrooms, 1.5 Bathrooms
•Rented for $1,400/month
•Lease is month-to-month
Additional Property Features
• Separate meters for every unit
• Electric heat for all residential units
• Off-street parking available
• Owner pays: water, garbage
• Tenants pay: all utilities
This property offers multiple income streams, owner-operator potential, and strong rental demand, making it an excellent opportunity for investors or entrepreneurs looking to operate their own business while building equity through rental income.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,547 SF
Year Built
1948
Price
$965,715 CAD
Price Per SF
$112.99 CAD
Percent Leased
72%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.27 AC
Zoning
05 - COMME - Commercial
Parking
20 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
73’ on Main St
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Available at $2,000 per month. Will be able to provide discount if both sides are rented together.
Available at $2,000 per month. Will be able to provide discount if both sides are rented together.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,104 SF | Retail | End Cap | Now |
| 1st Floor | 1,259 SF | Retail | - | Now |
1st Floor
| Size |
| 1,104 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size |
| 1,259 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,104 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Available at $2,000 per month. Will be able to provide discount if both sides are rented together.
1st Floor
| Size | 1,259 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Available at $2,000 per month. Will be able to provide discount if both sides are rented together.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 323601-032-014-0001-050-000 | Improvements Assessment | $304,250 CAD |
| Land Assessment | $34,371 CAD | Total Assessment | $338,621 CAD |
Property Taxes
Parcel Number
323601-032-014-0001-050-000
Land Assessment
$34,371 CAD
Improvements Assessment
$304,250 CAD
Total Assessment
$338,621 CAD
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