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Financial
Distress signals
Property profile

38 Washington St Ellicottville, NY 14731

FOR SALE
Showrooms
Property ID
US63-2639169
12,446 SF 0.71 ac lot Built 1984
Last sale Jul 2026 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This renovated commercial storefront suite is located in the Village of Ellicottville within a mixed-use building. The interior was updated in 2024 and includes new flooring, walls, and ceilings, with an open floor plan layout. Features include a service counter, mounted TVs, and a private back room that can function as storage and/or an office area. The suite provides on-site parking and has prominent signage with frontage facing the parking lot. The property is positioned within walking…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$933k
Assessed land$96k
Assessed improvement$837k

Value estimate

· Oct 2026
$1.00M
$900k – $1.10M
Submarket $/SF estimate$698k
NOI build-up
Gross scheduled income$179k
Vacancy & credit loss−$18k
Operating expenses−$48k
NOI · 4,909.13% cap applied$113k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$45/SF
County average, outlier-cleaned · 90 recorded sales of this use type
Observed band · Q1–Q3$28 – $68

Cap rate analysis

How does the asset earn?
4,909.13%
$113k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionCATTARAUGUS

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply8.7
Electrical Service8.7
Auto Repair Shop8.6

Location

38 Washington St Ellicottville, NY 14731
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
46-48 Washington, Ellicottville, NY 14731 $455,000 Nov 2023 1,992 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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