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Property profile & analytics
OFF-MARKET
Investment properties

37 Main St Fredonia, NY 14063

6,991 SF 0.12 ac lot Built 1920
Entity Owned Absentee Owner Free & Clear
Property ID
US63-3981152
Property summary
AI-generated overview

This exceptional investment opportunity presents a two-story, multi-tenant office building ideally situated in Fredonia, NY's vibrant business district. The property, located at 37 W Main St, boasts a substantial 8,490 square feet of leasable space, currently housing a diverse mix of tenants including medical practices and administrative offices. The building's strong tenant roster includes Great Lakes Physician Practice Administrative Offices, Apnea Care, and Landis Chiropractic, ensuring a consistent income stream. The property features approximately seven paved parking spaces directly adjacent to the building, providing ample convenience for tenants and visitors. The lot itself measures approximately 72.6 x 110 feet, encompassing roughly 0.18 acres (19% of an acre). Recent renovations and upgrades were completed in 2007, 2012, and as recently as 2024, demonstrating a commitment to maintaining the property's high standards. The building's strategic location near the State University of New York at Fredonia further enhances its appeal and potential for future growth. The property is offered at $665,000. Note that a separate, larger medical building at 504 Central Ave in Dunkirk is also available for purchase.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Total area 6,991 SF
Lot 0.12 ac (5,112 SF)
APN 065801 113.15-5-39
UPID US63-3981152
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Apnea Care Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
VOGEL MANAGEMENT INC
VOGEL MANAGEMENT INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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