37 Main StFredonia, NY 14063

This exceptional investment opportunity presents a fully occupied, two-story medical office and storefront building located at 37 W Main St, Fredonia, NY 14063. Boasting 8,490 square feet, the Class B property features three tenants on the first floor and two on the second, achieving 100% occupancy. The building, constructed in 1910, has undergone significant renovations in 2007, 2010, and 2024, ensuring modern functionality. The property offers a compelling 10.49% cap rate with a net operating income (NOI) of $75,000 and an asking price of $715,000 ($84.22/sq ft). Seven paved parking spaces are conveniently located adjacent to the building, situated on a lot measuring approximately 72.6 x 110 feet (roughly 19% of an acre) in Fredonia's business district. The property is categorized as a stabilized investment with a modified lease type and comprises four units across its two stories. This multi-tenant building presents a strong, stable income stream for discerning investors. The building's location within the vibrant business district of Fredonia ensures high visibility and accessibility. Recent renovations demonstrate a commitment to maintaining the property's high standards and attracting quality tenants. This is a rare opportunity to acquire a high-performing, multi-tenant commercial property in a desirable location.