706 Manitou Rd, Hilton, NY 14468-9700
This exceptional mixed-use property, located at 706 Manitou Road in Hilton, NY, presents a unique investment opportunity. The 2,000 square foot building, constructed in 1853 and extensively renovated in 2024, boasts two stories and sits on a generous 1.1-acre lot. The property includes two buildings, offering versatile space ideal for a variety of business uses. Recent upgrades include a new metal roof and vinyl siding, enhancing both aesthetics and durability. Interior improvements are equally impressive, featuring a new handicap-accessible first-floor bathroom, a new full bathroom on the second floor, a new kitchenette, a new furnace, a new water heater, and new windows throughout. The property also benefits from a newly sealed and striped 18-car blacktop parking lot, providing ample parking for customers and employees. Convenient sewer and water connections are already in place. The property is zoned BR (Restricted Business), and a detailed list of permitted uses is available upon request. An additional barn is situated on the property, offering further potential for storage or expansion. The asking price is $349,900, translating to $174.78 per square foot. County records indicate the square footage, and this should be verified independently. This prime corner lot location in Hilton, NY, offers excellent visibility and accessibility, making it an attractive proposition for discerning business owners.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
03 - MULTI-FAMILY · Hilton, NYHilton. 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.