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38-42 W Main St, Fredonia, NY, 14063

3beds
0baths
6,240sqft
$549,900
$88price/sqft
$4,977/moest. monthly cost
$199,080/yrincome needed

About This Home

Investment opportunity! Own a piece of Fredonia’s vibrant business district with this unique mixed-use property at 38, 40, & 42 W Main Street. Comprising three centrally located commercial/residential buildings, this investment opportunity offers both stability and growth potential in a high-traffic location. Property Highlights: 4 Commercial Spaces: Three leased to reliable, long-term tenants, ensuring steady income. One vacant space, ready for a new tenant or your business vision. 3 Residential Units: Includes two spacious 2-bedroom apartments and one generous 3-bedroom apartment, all with separate utilities for hassle-free management. Prime Location: Situated in the heart of Fredonia’s bustling village business area, benefiting from high visibility and foot traffic. Parking Convenience: Ample street and municipal parking available for tenants and customers. This property is a rare find, blending consistent rental income with the flexibility to grow. Perfect for investors or owner-occupiers looking to capitalize on Fredonia’s downtiwn commercial scene. Don’t miss out—schedule a viewing today!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

6/10
Brocton Elementary SchoolGrades PK-51.7 mi
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1948

Materials

  • Roof: Asphalt,Flat
  • Construction materials: Brick,Block,Concrete,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range,Gas Water Heater,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3

Features

  • Ceiling Fan(s),Storage
  • Flooring: Carpet,Luxury Vinyl,Varies

Heating

  • Heating features: Gas,Baseboard,Forced Air

Interior Area

  • Total structure area: 6,240
  • Total interior livable area: 6,240 sqft

Property

Details

  • Parcel number: 0658011130650001060000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: See Remarks

Lot

  • Lot size: 2,186 sqft
  • Features: Rectangular,Rectangular Lot
  • Lot size dimensions: 18 x 121

Parking

  • Parking features: Three or more Spaces,Driveway,No Garage