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    OFF-MARKET
    Warehouses

    4845 Rte 474, Ashville, NY 14710-9768

    8,345 SF 1.06 ac lot Built 1984
    Individually Owned 11-yr Hold Free & Clear
    Property ID
    US63-0332616
    Property summary
    AI-generated overview

    This exceptional commercial property in Ashville, NY, presents a rare investment opportunity. Situated on 1.06 acres (two parcels) at 4845 Route 474, this property boasts a spacious 8,345 square foot warehouse, ideal for diverse business ventures. Imagine utilizing this versatile space as storage, a showroom, workshop, or retail establishment – the possibilities are endless. The property's strategic location across from the Ashville General Store ensures high visibility and accessibility. Adding to its appeal are two fully occupied one-bedroom, one-bathroom apartments, providing immediate rental income. This creates a unique synergy, allowing for a business to cater to the local community. The property features ample blacktop parking, a new roof, new air conditioning, a newer septic system, and a 50-amp RV hookup. This historic trolley station building offers a unique character and charm, adding to its investment potential. Minutes from Chautauqua Lake on Goose Creek, this property combines prime location, versatile space, and immediate income generation, making it an exceptional opportunity for discerning investors and entrepreneurs. Don't miss this chance to own a piece of local history and build your business success.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1984
    Total area 8,345 SF
    Lot 1.06 ac (46,174 SF)
    Zoning code 05 - COMMERCIAL
    APN 065400 384.11-1-68
    UPID US63-0332616
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    John Lipari · 11 yrs held
    John Lipari
    since 2015
    1 recorded transaction
    2015
    $210,000
    Zoning & alternative use
    05 - COMMERCIAL · Ashville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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