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Property at 22 Monroe Street, Ellicottville, NY 14731
FOR RENT
$4,999
$485,000

22 Monroe StreetEllicottville, NY, 14731

1,920 SqFt0.0386 Acres
Rare mixed use opportunity in the heart of the Village of Ellicottville. 22 Monroe Street offers the ideal combination of owner occupant potential and investment upside in one of Western New York’s most sought after year round resort communities. The upstairs rental apartment is currently leased through October 2026 at $1500 per month, providing immediate and stable income from day one. The street level commercial space has a long history of successful businesses and offers excellent visibility, strong foot traffic, and flexible layout for a wide range of uses including retail, professional office, boutique, studio, or service based business. This property allows a buyer to operate their own business while offsetting ownership costs with existing residential income, or to hold as a true income producing mixed use leasing the storefront as an investment in a proven downtown location. Situated within the Village center and historic district, this property benefits from constant exposure to visitors and locals alike with strong demand driven by year round tourism, ski season, festivals, dining, and shopping. Properties offering both residential cash flow and commercial potential in this core location are exceptionally rare. Ideal for investors seeking immediate income with future upside or entrepreneurs looking to own their building in a premier destination market.
1 / 11

$485,000

Fees may apply

Price may not include required fees and charges.

22 Monroe Street, Ellicottville, NY

1,920 SqFt0.0386 Acres

Rare mixed use opportunity in the heart of the Village of Ellicottville. 22 Monroe Street offers the ideal combination of owner occupant potential and investment upside in one of Western New York’s most sought after year round resort communities. The upstairs rental apartment is currently leased through October 2026 at $1500 per month, providing immediate and stable income from day one. The street level commercial space has a long history of successful businesses and offers excellent visibility, strong foot traffic, and flexible layout for a wide range of uses including retail, professional office, boutique, studio, or service based business. This property allows a buyer to operate their own business while offsetting ownership costs with existing residential income, or to hold as a true income producing mixed use leasing the storefront as an investment in a proven downtown location. Situated within the Village center and historic district, this property benefits from constant exposure to visitors and locals alike with strong demand driven by year round tourism, ski season, festivals, dining, and shopping. Properties offering both residential cash flow and commercial potential in this core location are exceptionally rare. Ideal for investors seeking immediate income with future upside or entrepreneurs looking to own their building in a premier destination market.

StatusActive — Rental
Property TypeCommercial Lease
Property SubtypeOffice
Year Built1860
Days on Market142 days

Property Details

Property Information

22 Monroe Street

Ellicottville, NY 14731 • Cattaraugus
—
Beds
—
Baths
1,920
SqFt
0.0386
Acres
Status
ActiveRENTAL
Property Type
Commercial Lease
Property Subtype
Office
Year Built
1860166 years ago
Days on Market
142 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $5,550
Property History
  • Price reduced
    May 15, 2026 • NYSAMLS • B1657930
    $489,999 → $485,000
  • Listed for sale
    Jan 13, 2026 • NYSAMLS • B1657930
    $529,999
MLS Information
  • Source
    NYSAMLS
  • MLS#
    B1657930
  • Listing Office
    716 Realty Group WNY LLC
  • Last Updated
    44 minutes ago

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Lot & Grounds

  • Lot Size
    0.0386 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot

Type

  • Property Type
    Commercial Lease
  • Property Subtype
    Office

Structure

  • Roof
    Flat

Condition

  • Year Built
    1860
  • Condition
    Resale
  • Days on Market
    142 days
  • Water
    Public
  • Sewer
    Public Sewer
  • Utilities
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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