1 Public Sq, Holley, NY 14470-1163
This meticulously renovated (2014) historic building at 1 Public Square in Holley, NY, presents a unique investment opportunity. Spanning 14,000 square feet on a 0.15-acre lot, the property boasts a thriving, turn-key restaurant on the first floor encompassing 3,500 square feet. The restaurant includes all furniture, fixtures, and equipment, and is complemented by a 600-square-foot office. A full 3,500-square-foot basement offers ample storage and additional functional space for the restaurant. Upstairs, four luxurious "executive suite" apartments of varying sizes and layouts provide significant income potential. These apartments feature spacious living areas, high ceilings, abundant natural light, and in-unit laundry. One fully accessible unit is conveniently located on the first floor. Situated in the heart of Holley village, this prime location offers easy access to local amenities and businesses. The property's versatility allows for continued operation of the existing restaurant and office space, or the potential for conversion to other commercial uses. This is a rare chance to acquire a piece of history while establishing a thriving business or generating substantial rental income. The asking price is $799,900.
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
C1 · Holley, NYHolley. 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.