101 Main Street

Phelps, NY
$ 324,900 Beds 4 Baths 3 Sq 8,298 Virtual Tour
Monthly Estimate* How much can I afford?

Also listed as R1694330. Presenting a rare opportunity to acquire a distinguished and highly sought-after “PRIME” piece of real estate, renowned within the community and boasting a loyal clientele built over 60 years. This prime property, situated in a high-traffic area, promises a lucrative investment with substantial potential for continued success. The building encompasses 8,298 sq. ft. and features: Versatile Retail Spaces: 2 or 3 ground-floor retail spaces ideal for a variety of uses including a store front, hair salon, restaurant, or event space with expansive front windows, ensuring maximum visibility and appeal. Residential Units: 3 spacious upper-level apartments, each offering comfort and convenience with the added benefit of an open deck at the rear. Looking to start a business? Let the rental income from the apartments help cover your business space costs, making this an even more attractive investment. Upgrades include a new rubber roof installed in 2015 & new back stairs, ensuring durability and long-term value. Seize this exceptional opportunity to own a landmark property with a storied legacy and significant future potential.

Active

  • Price
  • $ 324,900
  • City
  • Phelps
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • ONTARIO
  • Half Bathrooms
  • 0
  • Area
  • Phelps-Village
  • Lot Size
  • 0.0616 Acres
  • Zip
  • 14532
  • Sqr Footage
  • 8,298
  • Year Built
  • 1839
  • Taxes
  • $ 8207
  • Style
  • Triplex
  • MLS#
  • R1694332
Listed By: Patricia A. Claus-Lapresi with Hunt Real Estate ERA/Columbus;
Data Source: Greater Rochester AOR (GRAR)

Features

General

Sewer Connected
Heating Electric,Baseboard
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Membrane,Rubber
Appliances ElectricWaterHeater
Garage Spaces 0.0
Patio/Porch Features Deck
Architectural Style Triplex
Construction Materials AtticCrawlHatchwaysInsulated,Block,Concrete,Stucco,CopperPlumbing
School District Phelps-Clifton Springs (Midlakes)
Year Built 1839
Electric CircuitBreakers
Stories Count 2
Township Phelps-Village
Levels Two
Property Subtype MixedUse
Gross Income 58800.0
OwnerPays TrashCollection
Business Type Mixed
County Ontario
Net Operating Income 48497.0
Operating Expense 2096.0
Property Type Residential
Rent Includes TrashCollection
Full Baths 3
Status Active
High School Midlakes High
City Phelps
Senior Community Y/N No
High School District Phelps-Clifton Springs (Midlakes)
Zoning Description Commercial
Number Of Units Total 3
MLS Area Phelps-Village-324001
Lot Size Units Acres
Lot Size Square Feet 2684.0
Elementary School Midlakes Primary
Year Built Details Existing
Tax Annual Amount 8207.0
Middle/Junior High School Midlakes MIddle
Property Condition Resale
Standard Status Active
Middle/Junior School District Phelps-Clifton Springs (Midlakes)
Elementary School District Phelps-Clifton Springs (Midlakes)
Tax Assessed Value 230769
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 16

Interior Features

Interior Amenities CeilingFans
Basement Full
Flooring Carpet,Varies,Vinyl
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 4
Total Baths 3

Exterior Features

Exterior Amenities Deck
Parking Features OffSite,OnStreet
Lot Features IrregularLot
Water Source Connected,Public
Lot Size Area 0.0616
Foundation Details Block
Building Area Total 8298.0
Lot Dimensions 44X60
Lot Size Acres 0.0616
Waterfront Y/N No
Number of Separate Electric Meters 3
Road Frontage Type MainThoroughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Rochester, NY office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Midlakes Primary Elementary School
Middle School Midlakes MIddle
High School Midlakes High

Price History

6/28/2026 Listed $324,900

Property vs Zip Code Average in 14532

Price
AVG $270K
$320K
Taxes
AVG $5,457
$8,207
Year Built
AVG 1916
1839
Visits
AVG 19
25
Data Provided by Inside Real Estate®

Areas That We Cover

101 Main Street Phelps, NY is a Single Family Home for sale at $324900 with 8298 sqft and a lot size of 0.0616 Acres Acre(s). 101 Main Street Phelps has 4 bedrooms, 3 baths and was built in 1839. The property's zip code is 14532 which is in Phelps, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.