1 Main St Ripley, NY 14775-9576
This 1,248-square-foot mixed-use commercial building, located at 1 West Main Street in Ripley, New York, is available for $75,000 ($60.10/sq ft). The property is situated on a prominent corner lot at the signalized intersection of West Main and North State Streets, ensuring high visibility and easy access. The building's layout includes a lobby/teller area, a vault, an office, and a mezzanine level, offering versatile space for a variety of businesses. Basement amenities include a restroom and breakroom. Utilities include public water and sewer, electricity, and natural gas. The building is conveniently located near the Ripley Central School Campus and offers easy access to the Ripley exit off the I-90 New York State Thruway. Commuting to Erie, PA, Fredonia, NY, and Chautauqua, NY is approximately 30-35 minutes. The C-1 Commercial zoning allows for diverse commercial uses and potentially residential applications. This property presents an excellent opportunity for various businesses, including office spaces, retail establishments, and financial institutions. The building is currently vacant and ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Ripley, NYRipley. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.