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    OFF-MARKET
    Investment properties

    706 Manitou Rd, Hilton, NY 14468-9700

    2,002 SF 1.1 ac lot Built 1853
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-5321404
    Property summary
    AI-generated overview

    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
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1853
    Total area 2,002 SF
    Lot 1.1 ac (47,916 SF)
    Zoning code 03 - MULTI-FAMILY
    APN 262800 033.01-3-51.1
    UPID US63-5321404
    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
    Current use
    Occupant on record · Public records
    • Foundations Salon & Spa Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rmb Property Group LLC · 1 yrs held
    Rmb Property Group LLC
    since 2024
    Last sale
    $295,000
    3 recorded transactions
    2024
    $295,000
    2013
    $165,000
    2007
    $150,000
    Zoning & alternative use
    03 - MULTI-FAMILY · Hilton, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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