Renovated Three-Story Mixed-Use Building in Downtown Canandaigua
Exceptional investment opportunity in the heart of Canandaigua’s Central Business District. This fully renovated three-story building features a well-established, high-end restaurant occupying the main floor, with luxury apartments on the second and third floors.
The upper floors were completely renovated in 2018, taken down to the brick and rebuilt with all-new electrical, plumbing, HVAC, granite countertops, and hardwood floors. The building exterior was refaced in 2020.
Current Rents:
First Floor (Restaurant): $2,100/month
Second Floor Apartment: $1,800/month
Third Floor Apartment: $1,500/month (below market; market rent approx. $1,800)
Apartments have previously operated as AirBnB units, generating up to $300/night, offering strong short-term rental potential. Long-term apartment rents could reach $2,000/month per unit, in addition to restaurant income.
Prime location in a thriving downtown area near the Finger Lakes—ideal for investors seeking stable income with upside potential.
4,000 Sq Ft
1,320 Sq Ft Lot Size
commercial
$14,533 Annual Tax
Built in 1900
MLS/Listing ID R1657892
3 Stories
Heating - Electric
Heating - Forced Air
Heating - Gas
Hardwood
Cooling - Central Air
Rubber
Membrane
Flat
Office
Parking - Common
Parking - Off Site
Lot - Rectangular Lot
TOTAL MONTHLY COST
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