Residential Income Property with Studio
For Sale
$420,000
11055 W Perimeter Road, Frewsburg, NY 14738
COMMERCIAL - Frewsburg, NY
Property Size5,440 SF
Lot Size1.65 Acres
Price / SF$77.21
Days on Market458
Property Features for 11055 W Perimeter Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
400
Zoning description
Commercial
Rooms
Basement
Parking
70
Parking features
Driveway
Interior features
BedroomOnMainLevel
Exterior features
PropaneTankLeased
Lot features
Irregular Lot
Elementary school district
Randolph
Middle school district
Randolph
High school district
Randolph
Directions
From Frewsburg take Rt 62 to Bone Run Rd to West Perimeter Rd. Turn left on West Perimeter Rd. The destination is about 1 mile on the left side.
Subdivision
South Valley-048200
Standard status
Active
APN
048200-097-002-0002-020-001-0000
Size
5,440 SF
Lot size
1.65 Acres
Taxes and HOA fees
Tax Annual Amount
4274
Utilities
Sewer type
Septic Tank
Heating system
Propane (Heating), Space Heater, Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Year built
1987
Floors in Building
1
Flooring type
Vinyl, Carpet, Linoleum
Building materials
AtticCrawlHatchwaysInsulated, Block, Frame, Concrete, SprayFoamInsulation, WoodSiding
Roof type
Shingle
Listing Agency:
Real Estate Advantage
(716) 484-2020
Listed By:
Cynthia Johnson · License #10401362557
(716) 499-0370
Added: May 6, 2025
Changed: Aug 4
Last Checked: Aug 6 at 10:06PM
MLS# R1597679
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.
Investment Insights
Based on property information with market context.
This residential income property includes a main building with ongoing improvements and onsite amenities. Upgrades include new central air installed in 2024, an outdoor gazebo added in 2007, and an onsite generator designed to run everything during power outages. Roofing work includes a portion of the roof over the back of the building replaced in March 2024, and new shingles installed over the middle of the building in 2014. The property also features two dug wells, with only one needed and currently used. A semi-furnished studio apartment is located in the back of the building and can be rented out or owner-occupied, with separate electric.
Situated in a picturesque setting near outdoor and local attractions, the area is associated with Allegany hiking trails, Onoville Marina, Salamanca Casino, and snowmobiling.
The property’s parking lot accommodates 70 or more cars, which can support tenant and guest parking needs. The back studio layout with separate electric is practical for an owner-occupant who wants rental income flexibility, or for an investor seeking an additional rentable unit within the same facility. All offers must include proof of funds and a prequalification letter.
Situated in a picturesque setting near outdoor and local attractions, the area is associated with Allegany hiking trails, Onoville Marina, Salamanca Casino, and snowmobiling.
The property’s parking lot accommodates 70 or more cars, which can support tenant and guest parking needs. The back studio layout with separate electric is practical for an owner-occupant who wants rental income flexibility, or for an investor seeking an additional rentable unit within the same facility. All offers must include proof of funds and a prequalification letter.
Key Highlights
- Built in 1987 with block/frame/concrete construction and wood siding
- Central air installed in 2024 plus propane forced‑air heating and space heater support
- On‑site generator runs everything during power outages; propane tank is leased
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 14738, NY
3,561
Population
1,714
Households
2.1
Avg Household Size
46
Median Age
17%
College-Educated
92%
High-School Grad
65.0 sq mi
ZIP Area
55
Density / Sq Mi
$70,000
Median Household Income
$36,929
Median Earnings
$884
Median Rent
$130,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Well-maintained income property featuring a semi-furnished studio apartment with separate electric and extensive parking.
Where is this single family property located?
The property is located at 11055 W Perimeter Road Frewsburg, NY.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Built in 1987 with block/frame/concrete construction and wood siding; Central air installed in 2024 plus propane forced‑air heating and space heater support; On‑site generator runs everything during power outages; propane tank is leased
