CCertihomes
6296 Route 242 E, Ellicottville, NY 14731

$749,000

0 beds 0 baths 2,542 sqft Built 18730 days on marketActive

About this home

Prime Commercial Development Opportunity – Ellicottville, NY Seize the rare opportunity to own 2.7 acres of premier commercial real estate in the heart of Ellicottville, one of Western New York’s most vibrant resort towns. Perfectly positioned at the high-visibility corner of Route 219 and Route 242, this location offers exceptional exposure and accessibility—ideal for a wide range of commercial ventures. Surrounded by thriving businesses and high-traffic destinations, this parcel sits next to Steelbound Brewery and directly across from Tim Hortons and the soon-to-be-completed Crosby’s convenience store, ensuring a steady flow of both local and tourist activity year-round. Key features include a corner lot with maximum visibility and access, 2.7 acres of flat developable land, and all utilities available (public water, sewer, natural gas, electric, cable, phone, and high-speed internet). The existing structures (house and storage units) will be removed by the seller prior to closing, clearing the way for immediate development. This listing includes 3 separate parcels totaling 2.7 acres. Taxes are based off current taxes of all 3 separate lots. Whether you're looking to establish retail, hospitality, dining, or a mixed-use space, this is a truly unmatched location in a fast-growing destination town.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$5,766/mo

Real estate (PITI + HOA + PMI)
$5,066
Principal + interest$3,397
Property tax + insurance$1,388
PMI / 2nd mortgage$281
Utilities
$1,785
Heating + cooling$746
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$127
$5,766/mo TLC
Budget$6,266/mo
Remaining after TLC$500/mo
Purchase price
$749,000
Down payment
$37,450 (5%)
Loan amount
$711,550
APR
4%

Quick facts

Type
Commercial
Style
Year built
1873
Lot size
2.7 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$7,362
MLS #
B1608020
County
Cattaraugus

Home features

Exterior
SeeRemarks

Lot features

CornerLot, Rectangular, RectangularLot, Level, Other, SeeRemarks

Schools

Elementary
Ellicottville Elementary
High
Ellicottville Middle High

Neighborhood — 14731

MetricThis ZIPCountyUSA
Population40219,351,094299,088,112
Population Change Since199012.00%8.00%20.00%
Population Density9395
Male2009,381,926147,432,321
Female2029,969,168151,655,844
Never Married824,946,39163,775,926
Married1967,166,701123,120,365
Separated141,159,67312,639,686
Widowed201,110,24515,467,586
Divorced351,210,44823,075,029
Number Of House Hold1717,102,016111,826,380
Average House Hold Size2.322.642.60
Medial Age45.3736.5335.46
Median House Hold Income$48,541$49,847$48,276
Average House Hold Income$60,678$70,032$63,629
P C I$27,179$26,569$24,529
M D I$41,606$42,210$41,133
A T H E$49,875$54,185$50,898
S T R8.00%4.00%
W C J74.82%81.55%77.74%
(Zip) Code
14731

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 6/27/2025. Provided courtesy of Keller Williams Realty Lancaster via Buffalo MLS. Information deemed reliable but not guaranteed.