Remarks

Premier multi-use Commercial Property! One of the most visible buildings in all of Ellicottville with one of the biggest parking lots. Formerly a single story structure, this building was transformed in 2009 into what it is today. There are eight residential units on the second floor with four commercial spaces on the first. Historical vacancy for the commercial tenants is near zero having short periods of vacancy when one leaves. The apartments can be rented on a seasonal or year-long basis and are continuously occupied. All commercial leases are gross leases and with the apartments the landlord pays water/sewer and trash pick-up. Some apartments are furnished by the landlord. All furniture, including televisions and fireplaces, are included with the sale. Blacktop parking lot was re-done in 2024. Very little ongoing maintenance.

Details

MLS#: B1626051
Price: $2,850,000

Style: Apartment
Sq Ft: 12446
Year Built: 1969

County: Cattaraugus
Lot Size: 130X200
Tax Fee: 29319

School District: Ellicottville