27 Shethar Street, Urbana, NY 14840

Property Description

Prime Commercial + Residential Opportunity in the Heart of Hammondsport Village! Set in the absolute best location in the Village of Hammondsport, this exceptional mixed-use property delivers unmatched visibility, steady foot traffic, and year-round business potential. A short walk from Depot Park and Keuka Lake, it sits at the center of tourism, local commerce, and village activity. The building has two high-exposure commercial spaces on the main level, complemented by a fully finished basement that provides additional retail or operational space—creating the possibility for a third business to thrive on site. Above the commercial level are three apartments that generate reliable rental income. The top floor features a full fourth-story loft, an impressive unfinished space ready to be transformed into a dramatic open-concept residence, studio, or luxury rental. Ample off-street parking—an uncommon advantage in the village—supports both business operations and residential convenience. With its proximity to the lake, marinas, restaurants, shops, and seasonal events, this property benefits from consistent traffic and strong demand across all units. A rare opportunity to own a cornerstone property in one of the Finger Lakes’ most desirable and dynamic destinations.