166 N Main St - Apartments FOR SALE


Fairport, NY 14450
$650,000 USD
585-400-4000
166 N Main St, Fairport, NY for Sale
$650,000 USD
Apartments - FOR SALE
1/50
null | Request Cap Rate

166 N Main St
Fairport, NY 14450


HIGHLIGHTS

  • Historic 1860 farmhouse set on an oversized 1.12-acre lot in Fairport Village.
  • Flexible duplex configuration with updated kitchens, granite counters, and central air.
  • Major improvements include a 2018 architectural roof, composite decks, and updated gutter system.
  • Rare 10-car paved parking area plus a two-car garage enhances income or use options.
  • Proximity to Erie Canal, restaurants, parks, and local destinations like The Cannery and Iron Smoke.
  • Located within the Fairport Central School District with Village electric service.

OVERVIEW

1.12-Acre Village of Fairport Redevelopment Site | Existing Duplex Income | Municipal Utilities | 10-Car Parking Rare Village of Fairport redevelopment opportunity featuring a 1.12-acre parcel with existing duplex income. The property includes a 3,072 SF two-family residence, detached 2-car garage, storage shed, and rare 10-car paved parking area. Currently operating as a legal duplex with separate gas and electric services, the property provides immediate income while future development plans are explored. The deep lot offers substantial open green space and a wooded rear section, creating flexibility for investors, developers, or owner-occupants seeking long-term upside. Municipal water, sewer, electric, and natural gas services are available. Located within walking distance of the Erie Canal, downtown Fairport, restaurants, shopping, Canal Days, and the Fairport Music Festival. Village officials have previously reviewed conceptual plans for additional residential development on the rear portion of the property. Preliminary discussions regarding future development potential have occurred, and supporting development materials, conceptual plans, surveys, rental information, and Village research are available to qualified purchasers. All future uses remain subject to municipal approvals.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$212 USD /SF

# OF UNITS

2

PRICE/UNIT

$325,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1860

PARKING SPACES

4

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,745 SF

ZONING

RN

APN/PARCEL ID

264403-153-050-0004-009-000

ASK ABOUT THIS PROPERTY

Holly CreekHoward Hanna Real Estate ServicesMore Info
585-400-4000

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Holly CreekHoward Hanna Real Estate ServicesMore Info
585-400-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.