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Price $400,000

8 Monroe Street, Ellicottville, New York 14731, Ellicottville, New York 14731

  • Bedrooms : 8
  • Bathrooms : 3
  • Square Footage : 1,788 Sqft
  • Visits : 1 in 11 days
$400,000
Features
Heating System :
Gas, Forced Air
Basement :
Partial
Patio :
Deck
Appliances :
Gas Water Heater
Architectural Style :
Triplex
Parking Features :
Common
Pool Expense : $0
Sewer :
Connected
Address Map
State :
NY
County :
Cattaraugus
City :
Ellicottville
Zipcode :
14731
Street : 8 Monroe Street, Ellicottville, New York 14731
Floor Number : 0
Longitude : W79° 19' 42.4''
Latitude : N42° 16' 35.5''
MLS Addon
Office Name : 716 Realty Group WNY LLC
Association Fee : $0
Bathrooms Total : 3
Building Area : 1,788 Sqft
CableTv Expense : $0
Construction Materials :
Wood Siding
DOM : 2
Electric Expense : $0
Exterior Features :
Deck
Flooring :
Other, See Remarks
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash
Lot Features :
Rectangular, Rectangular Lot, Corner Lot
LotSize Dimensions : 66X92
Maintenance Expense : $0
Parcel Number : 043601-055-035-0003-022-000-0000
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
AttributionContact : 716-864-1055
Property Description

Welcome to Ellicottville, New York, a destination known not only for its award winning skiing but for its transformation over the recent years into a vibrant, year-round community filled with restaurants and night life, outdoor adventure, weddings, and celebrations of every kind for everyone of all ages! This town is special – come see why for yourself and take a look a this three-unit multifamily property, featuring a main house and two back apartments, sitting right in the center of town. Located directly across the street from City Garage and Villagio Italian Restaurant — next to the Monroe Liquor, EVL Winery, Gin mill and many more amazing shops and stops the town has to offer. From this location, you can walk anywhere in the village with ease.

Positioned within the coveted commercial district, this property presents an incredible opportunity for visionaries, investors, or entrepreneurs ready to create something special. The commercial zoning allows for a wide range of potential uses, from short-term rentals or retail to mixed-use redevelopment. All with town permission and permits, of course.

While the property will require extensive renovation, the foundation for success is already in place. The roof has been recently replaced, providing a solid start for whoever is so lucky to be next. The main front section has been gutted to the studs, awaiting new electrical, plumbing, HVAC, and finishing touches to bring it back to life.

Opportunities like this are rare in the Village of Ellicottville, a location that combines charm, visibility, and investment potential. This home has been loved by its generations of ownership and ready for new ownership to carry it on. That said no lowballs please.

Showings begin Monday, November 10 at noon and the seller will allow a full two-week window for all interested parties to tour before reviewing offers. No offers will be reviewed or accepted prior to Monday, November 24 at noon. Hold Harmless required for touring.

Sharpen your pencils, bring your imagination (and your hammer), and seize one of the most exciting investment opportunities in Ellicottville in recent years.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : B1649177
Price : $400,000
Bedrooms : 8
Bathrooms : 3
Square Footage : 1,788 Sqft
Year Built : 1928
Lot Area : 6,105 Sqft
Status : Active
Property Sub Type : Multi Family
Agent info
David Weitzel
Element Realty Services
Element Realty Services
390 Elmwood Avenue, Buffalo NY 14222
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