206 Lake Street, Milo, NY 14527
Yates County
Key Facts
Description
The Petix Family Enterprise is offering this prime Penn Yan Village COMMERCIAL USE CORNER LOT FOR SALE. Formerly the Original "Beverage Baron" location in Penn Yan, this prime corner has a rich history and has had many uses over the past years. Retail beverage and beer distribution, restaurant, hot dog & burger stands, and more: the heavy traffic pattern supports a wide range of uses and businesses. If you are driving to Keuka Lake and going through Penn Yan south along East Lake Road ( NYS RT 54 ) or headed towards the Southern Tier through Dundee, NY on State Route 14A - ALL TRAFFIC USES THIS INTERSECTION. Everyone passes by this property. The vacant lot and existing building are ready for your new business ideas. In this COMMERCIAL zoning district, a wide range of uses are authorized. Recent DEC reports available upon request. Surrounding Commercial businesses include: Dunkin Donuts, Lattimore Therapy, Dollar Tree, Taco Bell, Mark's Pizza, China King, Carey's Lumber, Verizon, Best Western Hotel, ServU Credit Union, and more. A short walk will put you on the Keuka Lake Outlet Trail. The Penn Yan Village Boat launch is in close proximity to the property. A short walk also takes you downtown to the Penn Yan business district on Main Street. WE ARE ON THE WINETRAIL - tourists to the area wineries and breweries on Keuka Lake travel through this intersection. Penn Yan Village electric, public water, sewer and natural gas are all available. Comfortably 25 parking spaces. Come see what Keuka Lake and Penn Yan are all about.
Property Information
Property Type
Commercial Sale
Year Built
1960
Stories
1
Living Area
1,488 sq ft
Lot Size
0.74 acres
Lot Dimensions
351X93
Parking Spaces
25
Zoning
COM
Days on Market
19
MLS® Listing#
R1675785
Property Features
Cooling
Heating
Flooring
Basement
Lot Features
Utilities
Financial Details
Annual Taxes
$6,151
Assessed Value
$212,600
Parcel Number
573001-049-083-01-064-00-000
Directions
Located on the corner of NY State Route 14A ( Brown Street ) and NY State Route 54 ( Lake Street ) in Penn Yan, NY 14527.
Affordability Calculator
$105,000
Estimated monthly payment
$2,794/mo
Principal $420,000 · Est. interest $585,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Milo, NY
- $383,333
- Median Listing Price
- 94
- Median Days on Market
- 1,387
- Median Sq Ft
- $318
- Median Price / Sq Ft
- 30
- Active Listings
- This home’s price is 37% above the area median.
- Its price per sq ft is 11% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Milo, NY.
Location
Points of Interest in Milo, NY
Showing the Milo area map.
Nearby Schools
St Michaels Church
School · 0.4 mi away
Penn Yan Academy
School · 0.6 mi away
Penn Yan Middle School
Secondary · 0.7 mi away
Emmanuel Baptist Academy
School · 0.8 mi away
Penn Yan Central School District
School · 0.8 mi away
Penn Yan Elementary School
Elementary · 0.8 mi away
Penn Yan Flying Club
School · 0.9 mi away
Keuka Lake School
School · 1.1 mi away
Dundee Central School
Secondary · 9.9 mi away
Gorham Elementary School
Elementary · 10.6 mi away
Middlesex Valley Elementary School
Elementary · 11.6 mi away
Finger Lakes Secondary School
Secondary · 11.8 mi away
Crystal Valley Christian School
School · 11.9 mi away
South Seneca High School
Secondary · 12.0 mi away
Marcus Whitman Junior Sr High School
Secondary · 12.0 mi away
West Street Elementary School
Elementary · 14.7 mi away
Fayette Mennonite School
Elementary · 14.9 mi away
Prattsburgh Central School
School · 14.9 mi away
Children's Hours School
School · 15.3 mi away
North Street Elementary School
Elementary · 15.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 117 Water St. 117, Milo, NY | $372,000 | 2 | 2 | 1,048 |
| 109 Water St. 109, Milo, NY | $372,000 | 2 | 2 | 1,205 |
| 346 Main Street, Milo, NY | $375,000 | 6 | 4 | 4,600 |
| 107 Water Street 107, Milo, NY | $440,000 | 2 | 3 | 1,620 |
| 121 Water St. 121, Milo, NY | $452,000 | 2 | 3 | 1,385 |
| 3622 & 3626 Lakemont Himrod Road Road, Milo, NY | $569,500 | 9 | 6 | 5,268 |
Moving Cost Estimate
EXIT Agents in Milo
Listing Courtesy: Howard Hanna Lake Group - 315-694-1229
Presented by: Mark A. Moon
IDX information is provided exclusively 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. This data is deemed reliable by is not guaranteed accurate by the MLS.
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Fair Housing NoticeLast Updated: 2026-04-25