5031 W Lake Road Chautauqua, NY $ 1,495,000
5031 W Lake Road
$ 1,495,000
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5031 W Lake Road

Chautauqua, NY, 14757
$ 1,495,000
Bedrooms-- Baths-- Sq 25,029

Monthly Estimate*

$ 9,205

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Commercial Property for sale in Chautauqua, NY

for $1,495,000. This 25,029 square foot building was built in 1908 on a lot size of 24.6.

The iconic Red Brick Farm property is located along Route 394 on the well-trafficked N. Lake corridor between Chautauqua Institution and the Village of Mayville. The compound includes seven buildings situated on approximately 25 acres of land. This turn of the century property was originally a dairy farm which the current owner painstakingly converted into a restaurant, living and retail spaces. The House is set up to operate as a restaurant on the main level with living quarters on the second and third floors. Once inside you'll be impressed by the many original architectural details which were preserved including original hardwood floors, mantles, stairwell and pocket doors. This stately brick home is a prominent feature of the property with its wonderful wraparound porch and handsome brick facade. The Barn has been fully reconstructed inside and is a feast for the eyes with its soaring gambrel ceiling and versatile main floor and loft spaces. The Milking Barn and Produce Stand are both adjacent to the main parking area and would make for wonderful additional retail spaces. The big red Retail One & Two buildings (constructed in 2003) are located behind the main center and can be accessed via paved driveway off of the main road. This service road provides access to additional parking in the rear and out to the immense pole barn. Both Retail One & Two buildings have suffered from water intrusion due to failure of the roofs. Condition issues also exist in the basements of both of these buildings. The level grounds would make for a variety of delightful outdoor uses and they help give a buffer from surrounding properties. The rear of the property features a pond, is partially wooded and leads to the gas well. The private gas well provides supplemental gas in addition to the existing National Fuel service. With so many exciting things happening in our region, now's the perfect time to bring your vision to life here and revitalize this incredible, one-of-a-kind property! Various supplements attached with additional property information.

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Commercial Active

Price

$ 1,495,000

Property Type

Commercial

Taxes

$ 13,803

Style

Business

Lot Size

24.6

Year Built

1908

Town/City

Chautauqua

County/Region

Chautauqua

MLS | Web ID

R1674585

Features
General
Sewer PublicSewer Other SeeRemarks
Heating Gas Zoned ForcedAir MultipleHeatingUnits
Cooling Zoned CentralAir
Utilities ElectricityConnected SewerConnected
Possession CloseOfEscrow
Roof Architectural Metal Shingle
Zoning 480
Construction Materials Brick Frame MetalSiding
School District Chautauqua Lake
Year Built 1908
Stories Count 3
Township Not Applicable
Property Subtype Business
Additional Parcels Description 279.00-2-39
County Chautauqua
Property Type CommercialSale
Possible Use Restaurant Retail
Status Active
City Chautauqua
High School District Chautauqua Lake
Zoning Description Commercial
Number Of Units Total 0
MLS Area Chautauqua-062889
Lot Size Units Acres
Lot Size Square Feet 1071576.0
Year Built Details Existing
Tax Annual Amount 13803.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.youtube.com/watch?v=8gBpU0jrsEk
Standard Status Active
Middle/Junior School District Chautauqua Lake
Elementary School District Chautauqua Lake
Tax Assessed Value 800000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 40
Property Sub Type Additional Business Office Retail Commercial Other
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Interior
Flooring Concrete Hardwood Varies
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Driveway Surfaced
Lot Features IrregularLot
Water Source Well
Total Parking 50.0
Inclusions Land and Building
Lot Size Area 24.6
Number of Buildings 7
Building Area Total 25029.0
Lot Dimensions 600X1300
Lot Size Acres 24.6
Waterfront Y/N No
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Internal Only
Street Number 1 5031
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* Excluded Features
List By
Era Team Vp Real Estate

Broker

(716) 708-9980

Phone

Affordability Calculator

$10,355
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,205
Monthly Property Taxes
$1,150
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3323588 Elementary School
3323305 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/27/2026$1,495,000 Listed Price

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5031 W Lake Road, Chautauqua, NY, 14757 is a Commercial Property for sale at $1,495,000 with 25,029 sqft and a lot size of 24.6. 5031 W Lake Road was built in 1908. The property's zip code is 14757 which is in Chautauqua, NY