Property also listed as - B1648817. Opportunity awaits in the heart of Angelica’s vibrant Main Street district! This 3-unit mixed-use property offers strong income potential with endless versatility for investors, business owners, or those seeking a live/work setup. The main level features a spacious commercial storefront with charming architectural details, ready to accommodate a retail shop, boutique, café, or creative studio. Formerly home to a successful clothing business and once a boutique restaurant, the space includes a half bath, kitchenette, and flexible layout perfect for multiple business concepts. Upstairs, you’ll find a beautifully maintained 3-bedroom apartment currently operating as a successful Airbnb, featuring an open-concept layout, modern kitchen, and inviting three-season porch with access to an open deck. The appliances will remain, and other furnishings are negotiable — making for a turnkey short-term or long-term rental opportunity. A studio apartment on the rear lower level offers steady rental income with a long-term tenant already in place. The property has been carefully updated by the current owner, including new siding and tasteful interior improvements that highlight its charm while keeping maintenance low. Located in a prime Main Street location, this property is within close proximity to Houghton College, Alfred University, and Alfred State College, making it ideal for student housing, visiting faculty, or short-term guests. Surrounded by local shops, dining, and community events, it’s the perfect place to invest, create, and grow. Everything is being sold as-is, with all major systems and spaces meticulously cared for. Don’t miss this chance to own a cornerstone property in one of Allegany County’s most welcoming and historic communities!
This commercial building is located on 4.8 acres in the Village of Angelica NY, Allegany County. Nestled in the heart of the historic Town of Angelica, this commercial property offers a rare opportunity for investors and developers alike. Formerly serving as both an elementary school and high school, this expansive one-story building spans over 40,000 square feet and sits on a generous 4.8 acre lot. The community is highly supportive of redevelopment welcoming a wide array of possibilities for this space. Whether you're envisioning a mixed-use center, office complex, senior assisted living facility, community center, or more, the potential is truly limitless. The building features a large gymnasium with auditorium, a spacious commercial-grade kitchen, and a generous dining area perfect for events or communal use. With a central main office area and three separate wings formerly used as classrooms, the layout is ideal for adaptive reuse. Outside, the property boasts ample parking and is within walking distance to Main Street, Park Circle, the post office, and the Angelica Library offering excellent visibility and convenience. Access to Interstate I-86 is just minutes away making this a prime location for regional connectivity. The Town of Angelica is known as The Town Where History Lives! Angelica has rich historical charm and vibrant community life hosting popular events like car shows, fairs, and seasonal gatherings. An existing survey is available providing a solid starting point for your development vision. Don't miss this unique opportunity to become part of a community that embraces its past while looking toward a dynamic future.

Angelica is located in New York. Angelica, New York has a population of 1,061. Angelica is less family-centric than the surrounding county with 24% of the households containing married families with children. The county average for households married with children is 27.23%.
The median household income in Angelica, New York is $51,190. The median household income for the surrounding county is $54,375 compared to the national median of $69,021. The median age of people living in Angelica is 44 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 12.2 degrees. The average rainfall is approximately 38.4 inches per year, with 71.3 inches of snow per year.