24 Monroe ST, Ellicottville, NY 14731
24 Monroe ST, Ellicottville, NY 14731
24 Monroe ST, Ellicottville, NY 14731
44
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$525,000
Est. payment /mo
2,206 SqFt
Active

24 Monroe ST Ellicottville, NY 14731

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,206 sqft

Price per Sqft $237

MLS Listing ID B1702333

Construction Status Existing

HOA Y/N No

Year Built 1890

Annual Tax Amount $5,355

Lot Size 1,598 Sqft

Acres 0.0367

Lot Dimensions 20X80

Property Sub-Type Commercial

Property Description

Income-producing mixed-use building in the heart of the Village of Ellicottville! This well-located property features a leased street-level commercial space and a beautifully updated 1-bedroom, 1-bath apartment above. The whole building (commercial space and upstairs apartment) is leased through December 31, 2027, at $4,500/month (tenant pays utilities) providing stable income. The upper apartment offers future flexibility as short-term rentals are permitted in the Village

The commercial space includes forced-air gas heat with central A/C, a full kitchen, a second furnace serving the kitchen area, 400-amp electric service, public water and sewer, and a clean basement with cooler and storage space. The apartment features an open kitchen, dining and living area, a spacious walk-in closet, and a private rear deck.

Located in Ellicottville's downtown business district, the property is within walking distance of restaurants, shops, entertainment, and year-round attractions. The Village is a four-season destination known for Holiday Valley and HoliMont ski resorts, golf, hiking, mountain biking, festivals, weddings, conferences, and tourism.

Also available for purchase: 22 Monroe Street, the adjoining mixed-use building. The commercial spaces were previously connected, and the opening has since been enclosed. A purchaser of both properties may have the opportunity to reconnect the spaces creating additional possibilities for restaurant, retail, hospitality, or other commercial uses.

Location

State NY

County Cattaraugus

Area Ellicottville-Village-043601

Zoning 01 - COMME

Direction From North: 219 South, right onto Route 242, left at the blinking light onto Monroe Street, building on the left. From South: 219 North, right on Route 242, right on Monroe Street at the blinking light, building on Left

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Linoleum, Vinyl

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Flat

Building

Lot Description Rectangular, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Existing

Schools

Elementary Schools Ellicottville Elementary

High Schools Ellicottville Middle High

School District Ellicottville

Others

Tax ID 043601-055-035-0006-004-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Keller Williams Realty Lancaster 716-474-7024

NEARBY SCHOOL & BUSINESS

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24 Monroe ST