
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $224
Subdivision Oriental Park Sec K
MLS Listing ID R1699429
Construction Status Existing
HOA Y/N No
Year Built 1972
Annual Tax Amount $6,309
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 142X130
Property Description
The residential portion includes two spacious apartments. Unit 4 offers approximately 1,560 square feet with two bedrooms, a loft, and two full bathrooms. Unit 5 offers approximately 775 square feet with one bedroom, one full bathroom, and a private deck. All units are equipped with air conditioning.
The property also includes an additional buildable lot measuring approximately 95 x 130 feet, two parking lots, lake rights with a dock slip, and ample parking for tenants, customers, and guests.
Whether you are looking to operate your own business while living on site, expand your investment portfolio, or generate multiple income streams, this property offers outstanding flexibility. Based on projected rental rates, the property has the potential to generate approximately $80,400 in annual gross rental income. Located in the charming Village of Bemus Point, you'll enjoy convenient access to Chautauqua Lake, restaurants, boutiques, parks, marinas, seasonal events, and year-round recreation. This is a unique opportunity to own a versatile mixed-use property in one of Western New York's most desirable lake communities. Also under MLSR1699815
Location
State NY
County Chautauqua
Community Oriental Park Sec K
Area Ellery-063689
Zoning MULT USE
Interior
Heating Gas, Zoned, Baseboard, Hot Water
Cooling Zoned, Central Air
Inclusions Land and Building
Fireplace No
Exterior
Utilities Available Sewer Connected
Roof Type Asphalt
Total Parking Spaces 12
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Public Sewer
Level or Stories Two
Construction Status Existing
Schools
Elementary Schools Bemus Elementary
High Schools Maple Grove Junior-Senior High
School District Bemus Point
Others
Tax ID 063689-333-013-0003-004-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Nearby Locations
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