Property summary
This exceptional commercial property, located at 35 E Pearl St in Wellsville, NY, presents a unique investment opportunity. The building boasts a substantial 3,024 square feet of space, distributed across two floors, each featuring a half-bathroom. The open floor plans on both levels offer remarkable flexibility, allowing for a wide range of potential uses. Imagine establishing a thriving retail business, creating modern office spaces, or even converting the building into residential apartments – the possibilities are extensive. The property's prime location directly across from the Wellsville Post Office ensures high visibility and accessibility. Adding to its appeal is a convenient private parking lot, a valuable asset for both employees and customers. The building sits on a 0.04-acre lot, providing ample space for outdoor activities or potential expansion. With its generous square footage, versatile layout, and desirable location, this property is an ideal choice for entrepreneurs and investors seeking a strong foothold in the vibrant Wellsville market. The asking price of $175,000 represents an excellent value for this well-situated and adaptable commercial building. Don't miss this chance to acquire a property with significant potential for growth and return on investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
03 - MULTI-FAMILY · Wellsville, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 03 - MULTI-FAMILY in Wellsville, NY.
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