3 Jefferson Street Ellicottville, NY $ 1,249,000
3 Jefferson Street
$ 1,249,000
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3 Jefferson Street

Ellicottville, NY, 14731
$ 1,249,000
Baths0.0 Sq 4,608

Monthly Estimate*

$ 8,725

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Studio

Commercial Property for sale in Ellicottville, NY

for $1,249,000. This 4,608 square foot building was built in 1835 on a lot size of 0.249725.

AFTER 17 YEARS, THE CURRENT OWNER IS RETIRING AND PLACING THIS VILLAGE BED AND BREAKFAST FOR SALE. CURRENTLY, THERE ARE FIVE RENTAL ROOMS WITH ENSUITE BATHROOMS, TWO EFFICIENCY APARTMENTS, THE OWNER'S QUARTERS, PLUS A THIRD FLOOR APARTMENT, WHICH COULD BE A CARETAKER SUITE. THE ENTRY LEVEL COULD ALSO HAVE A HANDICAP ACCESSIBLE BEDROOM AND BATH. THE DINING ROOM IS SET UP WITH A LARGE FAMILY-STYLE TABLE, PLUS SMALLER, MORE INTIMATE TABLES AND CHAIRS. THE LIVING ROOM BOASTS A FIREPLACE AND BAR AREA. THE KITCHEN OFFERS A CENTER ISLAND, PLUS OFFICE WORK SPACE. THE OWNER'S ONE BEDROOM, ONE BATH APARTMENT WITH A SEPARATE ENTRANCE IS AROUND THE CORNER FROM THE KITCHEN. THE TWO EFFICIENCIES ARE PET FRIENDLY UNITS. THE THIRD FLOOR QUARTERS HAVE ONLY BEEN OCCUPIED BY FAMILY AND FRIENDS. THE WRAP AROUND FRONT PORCH IS THE IDEAL PLACE TO RELAX IN THE ROCKING CHAIRS TO ENJOY AN AFTERNOON TEA OR HAPPY HOUR. THE SIDING, PORCH, ROOF, HOT WATER TANKS, DISHWASHER HAVE BEEN REPLACED. THE SECOND FLOOR PROVIDES CENTRAL AIR CONDITIONING. OWN A PART OF ELLICOTTVILLE'S HISTORY! ALSO LISTED RESIDENTIALLY B1514674

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Commercial Active

Price

$ 1,249,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 615,973

Style

Business

Lot Size

0.249725

Year Built

1835

Town/City

Ellicottville

County/Region

Cattaraugus

MLS | Web ID

B1514575

Features
General
Sewer PublicSewer
Heating Gas Zoned Baseboard HotWater
Cooling Zoned CentralAir
Utilities SewerConnected
Possession CloseOfEscrow SubjectToTenantRights
Roof Asphalt Membrane Rubber Shingle
Zoning Commercial
Construction Materials Frame
Year Built 1835
Electric SinglePhase Item220Volts
Township Ellicottville-Village
Property SubType Business
County Cattaraugus
Property Type CommercialSale
Possible Use HotelMotel Residential
Building Features Office
Total Rooms 15
Status Active
Directions ROUTE 219 SOUTH TO ELLICOTTVILLE. AT THE MAIN LIGHT BY THE HISTORICAL SOCIETY TURN RIGHT ONTO JEFFERSON STREET. 3 JEFFERSON STREET ON THE LEFT.
High School Ellicottville Middle High
City Ellicottville
High School District Ellicottville
Zoning Description Business
Total Units 1
MLS Area Ellicottville-Village-043601
Lot Size Square Feet 10878.0
Waterfront Y/N No
Street Name Jefferson
Elementary School Ellicottville Elementary
Year Built Details Existing
Tax Annual Amount 615973.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://tourwizard.net/cp/3-jefferson-street-ellicottville/ https://tourwizard.net/3-jefferson-street-ellicottville/
Days on Market 102
Standard Status Active
Middle/Junior School District Ellicottville
Elementary School District Ellicottville
Tax Assessed Value 600000
TaxOtherAnnualAssessmentAmount 600000.0
Tax Lot 12
Property Sub Type Additional Business
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Interior
Basement Partial
Flooring Carpet
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Common Driveway OnSite
Lot Features Rectangular
Total Parking 4.0
Inclusions Land Building and Business
Lot Size Area 0.2497
Number of Buildings 1
Building Area Total 4608.0
Lot Dimensions 111X98
Lot Size Acres 0.2497
Lot Size Units Acres
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Internal Only
Street Number 1 3
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* Excluded Features
List By
Keller Williams Realty Lancaster

Broker

(716) 474-5646

Phone

Affordability Calculator

$60,056
Per Month
15%
85%
0%
Monthly Principal & Interest
$8,725
Monthly Property Taxes
$51,331
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3038180 Elementary School
3038106 Middle School
Ellicottville Middle High High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$1,249,000 -3.85% Price Down
12/22/2023$1,299,000 Listed Price

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3 Jefferson Street, Ellicottville, NY, 14731 is a Commercial Property for sale at $1,249,000 with 4,608 sqft and a lot size of 0.249725. 3 Jefferson Street is a studio with 0.0 baths and was built in 1835. The property's zip code is 14731 which is in Ellicottville, NY