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Mixed-Use Building with Restaurant Space
For Sale
$124,900

12 S Main St, Portville, NY 14770

Commercial space occupies the ground floor, with an apartment and additional residential area above.

Property Size5,788 SF
Days on Market12

Property Features for 12 S Main St

General Information

Standard status Active
Size 5,788 SF
Property subtype Commercial

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Floor 1
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $6,795

Building Details

Building Size 5,788 SF
Year Built 1910
Buildings 1
Stories 2
Listing Agency: NY Land Quest, LLC
Listed By: Travis Thurston · License #10301222583
Source: Elliman
Added: Oct 26 Changed: Oct 27 Last Checked: Nov 4 at 1:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NY Land Quest, LLC

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Investment Insights

Based on property information with market context.

Built in 1910, this downtown Portville property combines ground-floor commercial space with residential space on the second level. The first floor totals just over 1,600 square feet, including an open area of approximately 500 square feet, a bar, food-preparation area, walk-in freezer room, offices, storage, and three half bathrooms. A front ramp provides entry to the commercial area. Kitchen equipment may be negotiated with the sale.

The approximately 1,400-square-foot upper floor includes a two-bedroom, one-bath apartment and additional area that could be used to enlarge the apartment or form a second unit. Separate access is available at the front and rear. Building updates include plumbing and electrical work, a roof installed in 2025, and a 200,000 BTU furnace serving the first floor. Public water and sewer serve the building; the basement provides storage and has partial concrete flooring.

The property is in downtown Portville, approximately 11 minutes from Olean, NY, and Eldred, PA. Wellsville is about 30 minutes away, Ellicottville 43 minutes, Jamestown one hour, and Buffalo one hour and 30 minutes.

Key Highlights

  • Ground floor offers just over 1,600 sq. ft., including an approximately 500 sq. ft. open area
  • Upper level has approximately 1,400 sq. ft. with a 2‑bedroom, 1‑bath apartment and additional space
  • Commercial area includes a bar, kitchen‑prep area, walk‑in freezer room, offices, storage, and three half bathrooms

Property Analytics

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Current Use

Jonah's Attic Resale ... Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Big Box & Wholesale Store Grocery & Convenience Store Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Dining 13%
7-Eleven Shops & Services
7,366 visits/mo 0.2 miles
SUBWAY Dining
1,102 visits/mo 0.1 miles

Demographics for 14770, NY

2,747
Population
1,299
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
90%
High-School Grad
29.2 sq mi
ZIP Area
94
Density / Sq Mi
$52,683
Median Household Income
$36,307
Median Earnings
$706
Median Rent
$103,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space occupies the ground floor, with an apartment and additional residential area above.
Where is this mixed-use property located?
The property is located at 12 S Main St Portville, NY.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: Ground floor offers just over 1,600 sq. ft., including an approximately 500 sq. ft. open area; Upper level has approximately 1,400 sq. ft. with a 2‑bedroom, 1‑bath apartment and additional space; Commercial area includes a bar, kitchen‑prep area, walk‑in freezer room, offices, storage, and three half bathrooms
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