MIXED USE EFFICIENCY RENTALS
Auto Parts Building with Apartments
Address:
124 W Main Street
Sponsors:
Danielle Crane, future owner
Owners/members:
Duane Woods, current owner
Estimated Project Cost:
$236,500
Project Time line:
2-3 years
Building Size:
2,640 sq ft
Levels / Stories
2
Year Built
1898
The bustling NAPA Auto Parts store located at 124 W Main Street has a vacant second floor. As one owner retires and the manager is looking to purchase the business and building, this brings opportunity for new investment in a mixed-use building, providing for business growth and efficiency apartments.
The 1898 building features Italianate details in the brick cornice that give a nod to its beautiful history and opportunity to highlight these elements with façade restoration. The active storefront will be renovated for accessibility and efficiency.
Rental units are in high demand, and the location of two efficiency apartments will provide affordable housing within the immediate walkable and bikeable community. The apartments have view of Main Street, as well as Edmunds Park and French Creek. Located on the trail, near eateries and entertainment, this space is perfect for a young person’s first apartment.
Preserving our past, building our future...
Project Breakdown
Exterior Restoration
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Masonry Restoration - $5,000
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Façade Improvements - $18,500
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Signage & Lighting - $10,000
Energy Efficiency
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Windows & Doors - $25,000
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Overhead Door - $8,000
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Interior Electrical - $20,000
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Mechanical / HVAC - $30,000
Interior Improvements, Demolition, and Soft Costs
Retail Space - $35,000
Fit with Vision Statement
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Cultivate Economic Growth & Prosperity
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Celebrate Historic Character, Culture, & Art
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Secure Diverse Residential Housing
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Encourage a Walkable & Bikeable Community
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Expand Local Amenities
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Provide for a Green & Resilient Community
Conversion to Mixed-Use
The 2,640 SF 2nd story will accommodate two 1,300 SF apartments.
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2 Efficiency Apartments - $85,000
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Including bathroom and kitchen fixtures
Diverse Housing
Efficiency apartments will meet the housing need for singles or couples.
Historic Appearance
The restoration of the iconic Sherman building setting at the end of the series of attached row buildings is critical in maintaining the historic character of the quaint downtown.
Alignment with NY Forward Goals
Create an active downtown & sense of place
Attracting a variety of new businesses for residents & visitors, & provide job opportunities
Enhance public spaces for arts & cultural events, serving the community & visitors around the region
Growing the local property tax base
Providing amenities that support & enhance downtown living & quality of life
Varied housing, supporting a diverse population
Reduce greenhouse gas emissions & support investments that are more resilient to future climate change impacts