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5 S State Street

Ripley, NY 14775

$199,999 $843/Mo

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Overview

Bed

Bath

9,149

Sqft

Description

This is a package deal with 2 W Main St Ripley which is a commercial retail/office building. Welcome to 5 South State Street, a fully renovated two-family home. Both apartments have been completely updated, including new electrical, plumbing, flooring, and walls. The lower unit features 2 bedrooms, 2 bathrooms, and convenient washer/dryer hookups. The upper unit offers 2 bedrooms and 1 bathroom. Both units are fully rented, providing immediate income-producing potential for investors or owner-occupants. , Next door is 2 West Main Street is a fixer-upper packed with potential. Sitting on a corner lot, The main level offers spacious commercial space that previously housed the town’s hardware store for many years. Original built-in drawers and cabinetry remain, adding timeless charm and character to this turn-of-the-century building. The first floor is ideal for retail, office, or mixed-use space, with excellent visibility in a high-traffic village location. The upper level is a blank canvas, ready to be transformed into one or two modern apartments or additional office suites. This package deal offers a unique opportunity to own both commercial and residential investment properties in the heart of Ripley, NY, just minutes from Lake Erie and the Pennsylvania state line.

Property Details

Property Type : Residential

Price : $199,999

AD Id : 79047701

MLS Id : R1651018

Beds : 4

Living Area Size : 9,149

Year Built : 1890

Garage : 6

County : Chautauqua

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Has Basement: Yes Basement: Partial
Flooring Information

Vinyl
Roofing Information

Asphalt
Interior Features

Roof: Asphalt Appliances: Electric Water Heater, Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Baseboard

Building Information

Year Built: 1890 Building Area Total: 9149 Construction Materials: Aluminum Siding, Frame, Vinyl Siding Stories: 2 Private Pool: No

Lot Information

Lot Size Square Feet: 10800 Lot Description: Irregular Lot

Listing Price Information

Listing Price: $199999 Original Price: $220000 Cash, Private Financing Available

Tax Information

Parcel Number: 066200-240-012-0003-022-000 Tax Lot: 22 Annual Tax: $2842

Parking Information

Gravel, Unpaved

Garage Information

Has Garage: Yes Garage Space: 6

Utility Information

Sewer Connected, Water Connected
Location Information

Direction: Go to the center of Ripley. The commercial building is on the corner of Main Street and South State Street. The house is behind it on South State St. WaterSource: Public

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ByOwner last updated this listing 06/15/2026 @ 01:35

MLS: R1651018 LISTED BY: AnnaMarie Bennett, ERA Team VP Real Estate 716-413-0200 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)