26 Water StFredonia, NY 14063
- Retail properties
- 4,198 SF
Property Details for 26 Water St
- Year built
- 1900
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 4,198 SF
- Property type
- Retail properties
- Property subtype
- Bars
- APN
- 065801 113.65-2-51
- APU
- 6580111365251
Description
This exceptional two-story brick building at 26 Water Street in Fredonia, NY, presents a remarkable opportunity for businesses seeking a move or a new establishment. Spanning approximately 4,198 square feet, this well-maintained property has undergone a complete renovation, boasting a newer roof, updated heating and electrical systems, new plumbing, and central air conditioning. The interior features new flooring throughout, ample office space, and a dedicated storage room. Four fully remodeled bathrooms add to the convenience and functionality. A full basement provides additional storage or potential for expansion. Its prime downtown location offers easy access to SUNY Fredonia and benefits from the availability of municipal parking. The building is ideally suited for a variety of uses, including retail, restaurant, or professional office space. The property is being offered at an attractive price and can be sold with or without existing contents, providing flexibility for the buyer. Don't miss this chance to acquire a turn-key commercial property in a thriving downtown area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,183,571
- 6.5%
- $1,092,527
- 7%
- $1,014,489
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,034,931
- Geo Method
- $2,115,157
-
Alternative Use
- Use
- Valuation
- Residential
- $921,587
- Hospitality
- $844,169
- Educational
- $702,339
- Medical
- $726,493
- Retail
- $1,092,527
Location Insight
- City
- Fredonia
- County
- Chautauqua
- State
- New York
- Latitude
- 42.4395
- Longitude
- -79.3305
- CBSA code
- 27460
- CBSA name
- JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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