4845 Rte 474, Ashville, NY 14710-9768
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.
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
05 - COMMERCIAL · Ashville, NYAshville. 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.