Lyons, NY 14489,78 Water ST
Lyons, NY 14489,78 Water ST
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$130,000
Est. payment /mo
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6,720 SqFt
Price Dropped by $20K

78 Water ST Lyons, NY 14489

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Michael Ablan

Michael Ablan

+1(315) 286-3256

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,720 sqft

Price per Sqft $19

MLS Listing ID R1616831

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,167

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 58X82

Property Sub-Type Commercial

Property Description

Investor Special in the Heart of Lyons!

Attention investors, developers, and visionaries! This three-story boarding house located at 78–82 Water Street offers a rare opportunity to restore a historically utilized 12-room income property with additional office space on the lower level. Formerly fully occupied and income-producing, the building has been vacant for the past 4–6 months and is currently condemned, requiring updates to bring it back up to code.

Located in the center of Lyons, just steps from Central Park, this property boasts excellent visibility, walkability, and proximity to local shops, government offices, and the Erie Canal. Once revitalized, it could serve as a multi-unit rental, boarding house, or even be reimagined into a live-work space or community housing project.

With its size, location, and layout, this property has strong redevelopment potential—perfect for a buyer with a plan and the ability to breathe life back into a centrally located staple of the Lyons community.

Location

State NY

County Wayne

Area Lyons-542889

Direction Broad st to Water st.

Rooms

Basement Full

Interior

Heating Gas, Baseboard

Flooring Hardwood, Laminate, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater, See Remarks

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt,Flat,Metal

Garage No

Building

Lot Description Agricultural, Irregular Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Aluminum Siding,Brick,Other,Vinyl Siding

Construction Status Existing

Schools

School District Lyons

Others

Senior Community No

Tax ID 542800-071-111-0009-014-630-0000

Acceptable Financing Cash, Rehab Financing

Listing Terms Cash, Rehab Financing

Special Listing Condition Standard

Listed by Empire Realty Group 315-359-0850

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Michael Ablan

Michael Ablan

NYS Lic. R.E. Broker / Owner / CEO | License ID: 10491209935

+1(315) 286-3256

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