Active
22 Monroe Street, Ellicottville NY 14731
MLS# B1702330
$475,000
Price
-
Beds
-
Baths
1,920
Living Area (Sq.Ft.)
0.039
Lot Area (Acres)
$475,000
Price
-
Beds
-
Baths
1,920
Living Area (Sq.Ft.)
0.039
Lot Area (Acres)
Prime Mixed-Use Investment with Value-Add Potential in the Heart of Ellicottville! This mixed-use building features a fully leased street-level commercial space and a 2-bedroom, 1-bath apartment above. The commercial tenant is leased through August 2027 at $2,100/month, and the apartment is leased through October 2026 at $1,500/month. The commercial space has been renovated with an open floor plan and updated electrical. <br> <br>Located next to one of the village's popular restaurants and nightlife destinations, the property benefits from strong year-round pedestrian traffic in this four-season resort community known for skiing, golf, mountain biking, hiking, festivals, weddings, conferences, and tourism. <br> <br>The apartment offers future value-add potential. Short-term rentals are permitted in the Village (buyer to verify current regulations and permitting requirements), providing flexibility after the current lease expires. <br> <br>Also available: 24 Monroe Street, the adjoining commercial building. These properties were previously connected, and the doorway between the commercial spaces has since been enclosed. A buyer purchasing both properties may have the potential to reconnect the spaces creating expanded possibilities for retail, restaurant, hospitality, or other commercial uses. <br> <br>Additional features include public water and sewer, natural gas forced-air heat, 200-amp electric service, a dry basement, and annual taxes of approximately $5,550.
Status
Active
Property Type
CommercialSale
Property Sub Type
Business
Year Built
1860
Parcel Number
043601-055-035-0006-003-000-0000
Unit Number
--
Lot Features
Rectangular, Rectangular Lot
Levels
Two
Lot Size Dimensions
21X80
Stories
2
Property Condition
Resale
Elementary School
Ellicottville Elementary
Elementary School District
Ellicottville
Middle Or Junior School District
Ellicottville
High School
Ellicottville Middle High
High School District
Ellicottville
Location
Listing Agent
David A Blanchard
Listing Office
Keller Williams Realty Lancaster
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Documents Available
Deed,Lease
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-08-05
Gross Income
43200
Net Operating Income
29551
Fire Places Total
0
Flooring
Linoleum, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Electric
Phases3
Garage
--
Garage Spaces
--
Water Source
Public
Sewer
PublicSewer
Roof
Flat
Utilities
Sewer Connected, Water Connected
Parking Features
None
Basement
Full
Construction Materials
Brick
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.