Description
Embrace a piece of history with this iconic gem at the northern end of Main Street. The majestic "Arcade Building" stands as a beacon of opportunity, featuring at least three retail spaces with the potential for more if expanded down the grand hall. Whether you're envisioning a boutique hotel, stylish apartments, or a unique destination venue, this multi-use property offers endless possibilities. The building's grandeur is accentuated by its sweeping staircase leading to a spacious second floor, perfect for hosting special events. A stunning skylight lights both floors, enhancing the high ceilings and expansive rooms throughout. The third floor offers two huge spaces perfect for loft living with views over the surrounding village. Sold as-is, this property requires some TLC but comes with the added benefit of DRI grant funding availability and includes comprehensive hotel plans. Don't miss your chance to transform this historic landmark into a vibrant new chapter for Penn Yan!
-
0BEDS
-
0.23ACRES
-
0BATHS
-
01/2 BATHS
-
19,166SQFT
-
$23$/SQFT
Description
Embrace a piece of history with this iconic gem at the northern end of Main Street. The majestic "Arcade Building" stands as a beacon of opportunity, featuring at least three retail spaces with the potential for more if expanded down the grand hall. Whether you're envisioning a boutique hotel, stylish apartments, or a unique destination venue, this multi-use property offers endless possibilities. The building's grandeur is accentuated by its sweeping staircase leading to a spacious second floor, perfect for hosting special events. A stunning skylight lights both floors, enhancing the high ceilings and expansive rooms throughout. The third floor offers two huge spaces perfect for loft living with views over the surrounding village. Sold as-is, this property requires some TLC but comes with the added benefit of DRI grant funding availability and includes comprehensive hotel plans. Don't miss your chance to transform this historic landmark into a vibrant new chapter for Penn Yan!
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than RPP Team | High Falls Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2025-01-16T00:14:07.447.
Listing information © 2025 CNYIS, GENRIS, WNYREIS. Listing provided by Jan Corning of Howard Hanna Lake Group : 914-260-4704.