Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
03 - MULTI-FAMILY · Hilton, NYZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 03 - MULTI-FAMILY in Hilton, NY.
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