19 Main StBrocton, NY 14716

Property Details for 19 Main St

Year built

1930

Lot size

0.27 AC

Property size (Sq ft)

2,356 SF

Zone code

01 - NOT ZONED

Property type

Banks

APN

066001 145.17-3-4

APU

660011451734

Description

This thriving ice cream shop in Brocton, NY, is available for purchase. Located on State Route 20, this 2,356 square foot building sits on a 0.27-acre lot and offers high visibility to passing traffic. The property features a glass foyer entryway, dining room, office, multiple food prep and cooking areas, storage rooms, and equipment rooms. A rear overhead bay door and garage provide additional space. The shop is impeccably clean, with many brand-new fixtures and equipment. The sale includes all existing furniture, fixtures, and equipment (tables, chairs, TV screens, coolers, ice cream machines, shelving, appliances, display cases), as well as current inventory and supplies. The business is completely turnkey, ready for immediate operation. The owners are willing to finance with a substantial down payment and offer a one-month transition period to train the new owner. There's significant potential for expansion, with ample space to add hot food items and expand the menu. The building, business, and all contents are included in the asking price of $175,000

• CAP approach

  CAP return

  Valuation

  6%

  $664,258

  6.5%

  $613,161

  7%

  $569,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $580,829

  Geo Method

  $1,187,068

• Alternative Use

  Use

  Valuation

  Residential

  $517,225

  Hospitality

  $473,775

  Educational

  $394,175

  Medical

  $407,731

  Retail

  $613,161

Location Insight

City

Brocton

County

Chautauqua

State

New York

Latitude

42.3886

Longitude

-79.4401

CBSA code

27460

CBSA name

JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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