22 Monroe St Ellicottville, NY 14731

Building Details

Year Built

1860

Listing agency 716 Realty Group g***@716realtygroup.com Show Phone

Listed by Gregory Straus · License #10491211091 Show Phone

Source Elliman

Added: Jun 4 Updated: Jul 10 at 3:59PM Checked: Jun 6 at 3:05AM

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Investment Insights

Based on property information with market context.

22 Monroe St is a mixed-use property with street-level commercial space and an upstairs rental apartment. The apartment is currently leased through October 2026, providing continuing residential rental income. The ground-floor layout supports a range of business uses, making the space suitable for an owner operator or for leasing as part of a mixed-use strategy.

Located in the heart of the Village of Ellicottville within the historic district, the building is positioned for exposure to both visitors and local activity. The property is also presented as an opportunity in a year-round resort community where activity can be driven by tourism and seasonal events.

From a tenant and operator standpoint, the combination of a retail/service storefront below and a leased apartment above can simplify ownership by keeping residential income in place while you run or market the commercial space. For buyers evaluating acquisition with existing tenancy, the current apartment lease term through October 2026 is a key factor in underwriting and planning. For businesses seeking an owner-controlled presence in a downtown setting, the street-level space offers flexibility in how it can be used.

Key Highlights

• Year built 1860 mixed‑use property with street‑level commercial space and an upstairs rental apartment
• Upstairs rental apartment is leased through October 2026 at $1,500 per month
• Street‑level commercial space has a flexible layout for retail, professional office, boutique, studio, or service‑based business

Property Analytics

Property Profile Location Intelligence

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FAQs

What type of property is this?

Mixed-use property - Street-level commercial space plus an upstairs leased apartment make it a practical option for owner-occupants or mixed-use investors.

Where is this mixed-use property located?

The property is located at 22 Monroe St Ellicottville, NY.

What is the lease rate?

The lease rate is $475,000.

What are key features of this property?

This property features: Year built 1860 mixed‑use property with street‑level commercial space and an upstairs rental apartment; Upstairs rental apartment is leased through October 2026 at $1,500 per month; Street‑level commercial space has a flexible layout for retail, professional office, boutique, studio, or service‑based business