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    502 Ellicott St Batavia, NY 14020

    For Sale
    $424,900

    High-visibility, 6,088 SF auto shop with tenant.

    Property size:
    6,088 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This prime, signalized corner lot in Batavia, NY, presents a lucrative investment opportunity. The property, located at 502-508 Ellicott St (including 5 Clifton and 5-7-9 Clifton), encompasses 6,088 square feet across two 1-story buildings, built in 1952 and extensively renovated in 2022. The property features a four-bay auto shop with a reception area, ample parking, and lifts, ideal for car repair or other retail uses. The current tenant is operational and desires to remain, providing immediate income potential. The expansive lot measures 145 x 260 feet and offers additional warehouse space for storage. This high-visibility location ensures significant exposure for any business. The asking price is $424,900 ($69.79/sq ft). Three parcels are included in the sale. The seller is motivated and open to offers. Additional properties at 5009 E Main St and 472 Ellicott St are also available for sale and may be offered as a package.

    Property Features for 502 Ellicott St

    General Information

    Property type
    Automotive properties
    Square Feet
    6,088 SF

    Building Details

    Year Built/Renovated
    1952/2022
    Buildings
    2
    Stories
    1
    Units
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Batavia
    County
    Genesee
    State
    New York
    Longitude
    -78.17351194
    Latitude
    42.98790532

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    FAQs

    What type of property is this?
    Automotive property - High-visibility, 6,088 SF auto shop with tenant.
    Where is this automotive property located?
    The property is located at 502 Ellicott St Batavia, NY.
    What is the asking price?
    The asking price for this property is $424,900.
    (716) 854-5943
    Request Owner's contact information
    502 Ellicott St Batavia, NY 14020
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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
    502 Ellicott St Batavia, NY 14020
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