4933 Ellicott Rd Orchard Park, NY 14127
- Investment properties
- 2,016 SF
- 0.32 lot acres
Current Use by Public Records
- Vara's Dry Cleaning / Dry Cleaner
- Custard Lite / Ice Cream Shop / Dessert Shop
Property Details for 4933 Ellicott Rd
- Year built
- 1947
- Lot size
- 0.32 lot acres
- Property size
- 2,016 SF
- Zone code
- B3
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 146089 173.13-1-12.2
- APU
- 146089173131122
Description
This exceptional single-story commercial building, located at 4933 Ellicott Road in Orchard Park, NY, is offered for sale at $285,000. The 2,016 square foot building, constructed in 1920, sits on a 0.32-acre lot and features 12 parking spaces. Zoned B3, this property presents a fantastic opportunity for an owner-user. Previously a dry cleaning drop store, the versatile space is ready for a new business. The building is a single-story structure with a gross lease in place for a single tenant. The current lease is a two-year term, commencing June 15, 2024, and expiring June 15, 2026, with approximately 1.6 years remaining. The lease requires a three-month notice to vacate. The property enjoys a convenient location, within walking distance of entertainment and dining options in the Village of Orchard Park. Phase 2 of renovations has been completed. This is a rare opportunity to acquire a well-located commercial property with significant potential. The asking price per square foot is $141.37.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orchard Park
- County
- Erie
- State
- New York
- Longitude
- -78.7467
- Latitude
- 42.75
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
