Active

8 Monroe Street

Ellicottville, NY 14731
Mark as Favorite
Bed 8

Bed

Bath 3

Bath

SqFt1,788

Sqft

Acres0.14

Acre(Lot)

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 commer cial 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $400,000

AD Id : 90998997

MLS Id : B1649177

Beds : 8

Lot Size : 0.14 Acre

Living Area Size : 1,788

Tax Amount : 8815.00

Year Built : 1928

County : Cattaraugus

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Partial
  • Flooring Information

    Other, See Remarks
  • Interior Features

    Appliances: Gas Water Heater, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air

  • Building Information

    Year Built: 1928 Building Area Total: 1788 Construction Materials: Wood Siding Stories: 2 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Dimensions: 66X92 Main Square Feet: 0.1402 Acres Lot Size Acres: 0.1402 Lot Size Square Feet: 6105 Lot Description: Corner Lot, Rectangular Lot

  • Listing Price Information

    Listing Price: $400000 Cash

  • Tax Information

    Parcel Number: 043601-055-035-0003-022-000-0000 Tax Lot: 22 Annual Tax: $8815

  • Parking Information

    Common

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    Direction: Washington to Monroe WaterSource: Public
Sell a home like this and save $23,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6331 Route 242, Ellicottville, NY, 14731 $1,195,000 5 5 3,308 2.38 Acres
6979 Nys Route 242, Ellicottville, NY, 14731 $825,000 12 7 3,136 0.77 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 09/05/2026 @ 14:52

MLS: B1649177 LISTED BY: Gregory Straus, 716 Realty Group WNY LLC 716-266-6691 SOURCE: Western New York Real Estate Information Services (WNYREIS)

Homes around $400,000

Selling? Save $23,501 when you sell a home like this

Tour with a ByOwner Agent