Prime Commercial Opportunity in the Heart of Ellicottville! Located in the bustling commercial district, this versatile two-unit property offers endless potential. Previously used as medical office space on the first floor with a residential apartment above, the building is zoned for a variety of commercial uses. Whether you're envisioning a boutique shop, café, or professional office, this location supports it all. The upstairs unit has been rented seasonally but could easily be leased long-term or converted into additional commercial space. Bonus: a private parking lot with room for 8–10 cars, plus ample public parking nearby. A rare opportunity to own a flexible property right in the center of Ellicottville’s vibrant downtown corridor! Also listed under B1628989.
Sold for $500,000
$500,000
2 Hughey, Ellicottville, NY 14731
4beds
1,856sqft
Multi Family
Built in 1970
-- sqft lot
$501,200 Zestimate®
$269/sqft
$2,456 Estimated rent
Home value
$501,200
$476,000 - $526,000
$2,456/mo
Zestimate® history
Owner options
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$2,456/mo
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$2,456/mo
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$3,691/mo
Est. payment
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$3,691/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
James Wangelin,
eXp Realty,
Marcy Dexheimer Wangelin,
eXp Realty
Bought with:
Julie Filipowicz, 10401278550
Holiday Valley Realty Co, Inc
Source: eXp Realty,MLS#: B1628979Originating MLS: Buffalo
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ductless, Electric, Heat Pump, Baseboard
Cooling
- Ductless, Heat Pump, Central Air
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Luxury Vinyl, Varies
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
Property
Parking
- Parking features: Paved, Two Or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,230 Square Feet
- Dimensions: 73 x 98
- Features: Irregular Lot
Details
- Parcel number: 04360105503500030150010000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1970
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ellicottville
Financial & listing details
- Price per square foot: $269/sqft
- Tax assessed value: $165,000
- Annual tax amount: $4,955
- Date on market: 8/7/2025
- Cumulative days on market: 190 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Sold | $500,000-9.1%$269/sqft |
Source: eXp Realty #187199843 Report a problem | ||
| 2/17/2026 | Pending sale | $549,900$296/sqft |
Source:  NYSAMLSs #B1628979 Report a problem | ||
| 10/6/2025 | Price change | $549,900-8.3%$296/sqft |
Source: NYSAMLSs #B1628979 Report a problem | ||
| 8/7/2025 | Listed for sale | $599,900-14.2%$323/sqft |
Source: NYSAMLSs #B1628979 Report a problem | ||
| 8/6/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/8/2025 | Price change | $699,000-6.7%$377/sqft |
Source: Owner Report a problem | ||
| 4/21/2025 | Listed for sale | $749,000$404/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $165,000 |
| 2024 | -- | $165,000 |
| 2023 | -- | $165,000 |
| 2022 | -- | $165,000 |
| 2021 | -- | $165,000 |
| 2020 | -- | $165,000 |
| 2019 | -- | $165,000 |
| 2018 | -- | $165,000 |
| 2017 | $1,396 | $165,000 |
Find assessor info on the county website
Neighborhood: 14731
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Nearby schools
GreatSchools rating
- 6/10Ellicottville Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 7/10Ellicottville Middle School High SchoolGrades: 6-12Distance: 1.9 mi
Schools provided by the listing agent
- District: Ellicottville
Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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