166 Portage StWestfield, NY 14787

  • Mixed-use properties
  • 2,496 SF
For Sale
$100,000 View listing

Property Details for 166 Portage St

Year built
1900
Lot size
1.00 AC
Property size (Sq ft)
2,496 SF
Zone code
B-2
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
067201 192.16-1-3
APU
672011921613

Description

This exceptional commercial property, located at 166 N Portage St in Westfield, NY, presents a fantastic opportunity for a variety of businesses. Boasting a generous 2,496 square feet of space, this building sits on a sizable one-acre lot, offering ample room for expansion, outdoor activities, or additional parking. The property's prime location in Westfield provides excellent visibility and accessibility, ensuring high traffic and potential customer reach. The building's interior layout is adaptable and can be customized to suit a wide range of commercial uses. The asking price of $100,000 represents a significant value for a property of this size and location in the thriving Westfield market. This is an ideal investment for entrepreneurs seeking a versatile space to establish or expand their business. The property's potential is vast, making it a truly compelling opportunity for those seeking a strong foothold in the Westfield commercial landscape. Serious inquiries are encouraged to explore the possibilities this property offers. The one-acre lot provides significant flexibility for future development or expansion. Don't miss this chance to acquire a substantial commercial property in a desirable location at an attractive price.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $593,635
    6.5%
    $547,971
    7%
    $508,830
  • Comparable approach

    Method
    Valuation
    Relative Method
    $378,488
    Geo Method
    $361,888
  • Alternative Use

    Use
    Valuation
    Residential
    $547,971
    Hospitality
    $501,938
    Educational
    $417,607
    Medical
    $431,969
    Retail
    $649,610
166 Portage St, Westfield, New York

Location Insight

City
Westfield
County
Chautauqua
State
New York
Latitude
42.3298
Longitude
-79.5862
CBSA code
27460
CBSA name
JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$30,000
$60,000
$90,000
-
$50,420
$100,841
$151,261

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].