Scott J. Alvarez
Licensed Real Estate Salesperson
REALTOR®
Slingerlands, NY

10 Erie Street, Mount Morris, NY 14510

New - 16 Hours Ago
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Property Description

Exceptional mixed-use investment opportunity in the Village of Mount Morris offering multiple income streams across one well-maintained 5.08-acre property. Developed and thoughtfully laid out by the current owner beginning in 1990-91, this property includes 21 occupied mobile-home pads, two self-storage buildings with 30 total units, a commercial/residential building with a daycare on the first floor and two apartments above, plus a separate 3-bedroom, 1.5-bath residence. Pro forma gross income is approximately $178,000 annually, with additional upside potential. Current rents throughout the property are considered below market, including mobile-home lot rents, apartment rents, and self-storage rents, providing an incoming owner with meaningful opportunity for future income growth. Only three self-storage units are currently vacant. The mobile-home residents own their homes and maintain their individual lots and driveways. Public water and sewer serve the property, with individual water metering at the mobile-home sites. A potential 22nd mobile-home pad currently serves as a grassy playground area for the daycare; water and electric service remain in place, offering possible future redevelopment as an additional income-producing pad subject to applicable requirements. The main commercial building was originally constructed as a laundromat with exceptionally substantial construction and infrastructure. The first floor is currently occupied by a daycare, while the original plumbing, drainage, and substantial electrical infrastructure offer future flexibility should the space ever be repurposed. Two residential apartments occupy the second floor. Long-term ownership has maintained the property in very good condition with limited deferred maintenance. Diversified tenancy, strong historical occupancy, public utilities, and considerable rent-growth potential make this a rare turnkey income-producing opportunity. Detailed financial information, operating statements, leases, surveys, and additional property documentation are available to qualified buyers upon request and proof of funds or financing capability.

10 Erie Street | MLS# R1705404

This commercial property located at 10 Erie Street, Mount Morris, NY 14510 is currently listed for sale with an asking price of $1,699,000. Erie Street is located within the Mount Morris school district. Search Mount Morris real estate on scott-alvarez.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Business
Basement: Full
Heating: Gas, Baseboard, Forced Air, Multiple Heating Units, Ra
Lot Size: 5.08 Acres
Roof Type: Asphalt, Architectural, Metal, Shingle
Stories: 2.0
Taxes: $29,270
Year Built: 1991

Feature Descriptions

Exterior: Blown-In Insulation
Lot: Irregular Lot
Lot Dimensions: 74X925
Parcel#: 243601-115-007-0002-063-001-0000
Sewer: Public Sewer
Utilities: Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Mount Morris

Demographics

Listed By / Shown By

Listing By

Agency Name: Empire Realty Group
Agency Phone: 315-960-7700

Shown By

Agent Name: Scott J. Alvarez
Agent Phone: (518) 522-7265
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 09/02/2026. The listing information on this page last changed on 09/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/02/2026 12:27:21 AM EST) or Global MLS (last updated Wed 09/02/2026 12:22:25 AM EST) or New York State Alliance MLS (last updated Wed 09/02/2026 12:23:01 AM EST) or Hudson Valley Catskill Region MLS (last updated Wed 09/02/2026 12:11:12 AM EST) or Berkshire MLS (last updated Tue 09/01/2026 8:13:52 PM EST) or OneKey MLS (last updated Wed 09/02/2026 12:21:22 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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