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    Renovated Duplex and Commercial Building Title is generated by Realmo AI

    5 S State St, Ripley, NY 14775

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    For Sale
    $199,999

    Two-family home and commercial building package deal in Ripley, NY.

    Type:Multi Family
    Lot size:
    0.25 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 10:02 am

    Property Features for 5 S State St

    General Information

    Standard status
    Active
    Lot size
    0.25 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1890

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    AnnaMarie Bennett

    Listing office

    Listing date Mar 12, 2026

    Source Elliman

    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 AnnaMarie Bennett

    HighLights

    • Package deal: Includes a renovated two‑family home and a commercial/residential building.
    • Immediate income potential: Both units of the renovated two‑family home are fully rented.
    • Fully renovated two‑family home: Features new electrical, plumbing, flooring, and walls in both units.
    • Commercial space with high visibility: 2 W Main St offers a spacious commercial space in a high‑traffic village location.
    • Development potential: The upper level of 2 W Main St is a blank canvas for apartments or office suites.
    • Prime location: Located in the heart of Ripley, NY, minutes from Lake Erie and the Pennsylvania state line.

    Overview

    This package deal includes a fully renovated two-family home at 5 South State Street and a commercial retail/office building at 2 West Main Street in Ripley, NY. The two-family home features two updated apartments. The lower unit includes 2 bedrooms, 2 bathrooms, and washer/dryer hookups. The upper unit has 2 bedrooms and 1 bathroom. Both units are fully rented, offering immediate income potential. The adjacent commercial building is a fixer-upper on a corner lot. The main level offers a spacious commercial space with original built-in drawers and cabinetry, previously used as a hardware store. The first floor is suitable for retail, office, or mixed-use, with high visibility in a high-traffic village location. The upper level is a blank canvas, ready for transformation into apartments or office suites. This package offers commercial and residential investment opportunities in the heart of Ripley, NY, near Lake Erie and the Pennsylvania state line.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Storage Facility Grocery & Convenience Store Bar & Pub Discount Store Bed & Breakfast Pet Store Pet Store & Service Daycare Center (Bike/Boat/Book/etc) Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Ripley
    County
    Chautauqua
    State
    New York
    Longitude
    -79.7111
    Latitude
    42.2675

    FAQs

    What type of property is this?
    Duplex - Two-family home and commercial building package deal in Ripley, NY.
    Where is this duplex located?
    The property is located at 5 S State St Ripley, NY.
    What is the asking price?
    The asking price for this property is $199,999.
    What are key features of this property?
    This property features: Package deal: Includes a renovated two‑family home and a commercial/residential building.; Immediate income potential: Both units of the renovated two‑family home are fully rented.; Fully renovated two‑family home: Features new electrical, plumbing, flooring, and walls in both units.
    More about this property
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