8 Monroe Street, Ellicottville, NY 14731

Property Description

Welcome to Ellicottville, New York, a destination known not only for its award winning skiing but for its transformation over the recent years into a vibrant, year-round community filled with restaurants and night life, outdoor adventure, weddings, and celebrations of every kind for everyone of all ages! This town is special - come see why for yourself and take a look a this three-unit multifamily property, featuring a main house and two back apartments, sitting right in the center of town. Located directly across the street from City Garage and Villagio Italian Restaurant -- next to the Monroe Liquor, EVL Winery, Gin mill and many more amazing shops and stops the town has to offer. From this location, you can walk anywhere in the village with ease. Positioned within the coveted commercial district, this property presents an incredible opportunity for visionaries, investors, or entrepreneurs ready to create something special. The commercial zoning allows for a wide range of potential uses, from short-term rentals or retail to mixed-use redevelopment. All with town permission and permits, of course. While the property will require extensive renovation, the foundation for success is already in place. The roof has been recently replaced, providing a solid start for whoever is so lucky to be next. The main front section has been gutted to the studs, awaiting new electrical, plumbing, HVAC, and finishing touches to bring it back to life. Opportunities like this are rare in the Village of Ellicottville, a location that combines charm, visibility, and investment potential. This home has been loved by its generations of ownership and ready for new ownership to carry it on. That said no lowballs please. Sharpen your pencils, bring your imagination (and your hammer), and seize one of the most exciting investment opportunities in Ellicottville in recent years. Hold Harmless required for touring.