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    6296 Route 242 E Ellicottville, NY 14731

    Sponsored
    For Sale
    $749,000

    COMMERCIAL - Ellicottville, NY

    Property size:
    2,542 SF
    Lot size:
    2.70 Acres
    Days on Market:
    193
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 6296 Route 242 E

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    043689-046-004-0001-041-000-0000
    Size
    2,542 SF
    Lot size
    2.70 Acres

    Building Details

    Year built
    1873

    Keller Williams Realty Lancaster (585) 303-7450 [email protected]

    Listing agent David A Blanchard (716) 324-2300 License #10301201493

    Listing date Jun 27, 2025

    MLS# B1608020 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ellicottville Commercial Development Opportunity

    This 2.7-acre commercial property is located in Ellicottville, NY, at the corner of Route 219 and Route 242. The property is positioned next to Steelbound Brewery and across from Tim Hortons and the upcoming Crosby's convenience store. The site benefits from high visibility and accessibility, making it suitable for various commercial ventures, including retail, hospitality, dining, or mixed-use spaces. The property includes three separate parcels. The land is flat and developable, with all utilities available, including public water, sewer, natural gas, electric, cable, phone, and high-speed internet. Existing structures, including a house and storage units, will be removed by the seller before closing, allowing for immediate development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Law Firm Wholesale Shop Auto Repair Shop Restaurant Hair Salon Spa & Massage Realty agency Skin Care Clinic Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ellicottville
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.658711
    Latitude
    42.285583

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    FAQs

    What type of property is this?
    Commercial land - 2.7 acres of prime commercial land in Ellicottville, NY.
    Where is this commercial land located?
    The property is located at 6296 Route 242 E Ellicottville, NY.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Prime commercial real estate in the heart of Ellicottville, a vibrant resort town.; - **High-visibility corner location** at the intersection of Route 219 and Route 242.; - Surrounded by thriving businesses, including Steelbound Brewery, Tim Hortons, and the future Crosby's convenience store.
    (716) 474-7024
    Request Owner's contact information
    6296 Route 242 E Ellicottville, NY 14731
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    Ellicottville, NY 14731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6296 Route 242 E Ellicottville, NY 14731
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