196 E Fairmount Avenue Lakewood, NY $ 849,000
196 E Fairmount Avenue
$ 849,000
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196 E Fairmount Avenue

Lakewood, NY, 14750
$ 849,000
Bedrooms-- Baths-- Sq 1,152

Monthly Estimate*

$ 5,227

196 E Fairmount Avenue, Lakewood, NY 14750 - Image 1
196 E Fairmount Avenue, Lakewood, NY 14750 - Image 2
196 E Fairmount Avenue, Lakewood, NY 14750 - Image 3
196 E Fairmount Avenue, Lakewood, NY 14750 - Image 4
196 E Fairmount Avenue, Lakewood, NY 14750 - Image 5

Commercial Property for sale in Lakewood, NY

for $849,000. This 1,152 square foot building was built in 1950 on a lot size of 0.1598.

Positioned on one of Chautauqua County’s most active retail corridor, this exceptional offering consists of five parcels totaling approximately 1.1 acres along one of the area’s highest-traffic commercial routes. Located near major national retailers and directly across from Harbor Freight, the property benefits from outstanding visibility and steady traffic flow along the primary shopping and service corridor for both local residents and Chautauqua Lake visitors. The property features a commercial building ideal for owner-occupancy or business operations, along with multiple income-producing residential units that can help offset carrying costs and enhance overall cash flow. Whether your vision is redevelopment, investment, or establishing a highly visible retail or service location, this property offers flexibility and long-term potential. Opportunities combining location, exposure, income potential, and future upside in this corridor are limited—secure your position in one of the area’s most sought-after commercial locations.

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Commercial Active

Price

$ 849,000

Property Type

Commercial

Taxes

$ 10,775

Style

Lot Size

0.1598

Year Built

1950

Town/City

Lakewood

County/Region

Chautauqua

MLS | Web ID

R1684206

Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession Closing
Roof Asphalt Metal Pitched Shingle
Zoning Commercial
School District Southwestern
Year Built 1950
Stories Count 2
Township Lakewood-Village
Levels Two
County Chautauqua
Property Type CommercialSale
Status Active
High School Southwestern Senior High
City Busti
High School District Southwestern
Zoning Description Commercial
Number Of Units Total 0
MLS Area Lakewood-Village-062201
Lot Size Units Acres
Lot Size Square Feet 47530.0
Elementary School Southwestern Elementary
Year Built Details Existing
Tax Annual Amount 10775.0
Middle/Junior High School Southwestern Middle
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Southwestern
Elementary School District Southwestern
Tax Assessed Value 65400
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 5
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Interior
Total Fireplaces 0
Total Stories 2
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 25.0
Inclusions Land and Building
Lot Size Area 0.1598
Number of Buildings 3
Building Area Total 1152.0
Lot Dimensions 340X145
Lot Size Acres 0.1598
Waterfront Y/N No
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Internal Only
Street Number 1 196
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* Excluded Features
List By
Era Team Vp Real Estate

Broker

(716) 640-0104

Phone

Affordability Calculator

$6,125
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,227
Monthly Property Taxes
$898
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
3323023 Elementary School
3323844 Middle School
Southwestern Senior High High School
Pricing History
DatePricePrice ChangeDescription
6/7/2026$849,000 Listed Price

Map


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196 E Fairmount Avenue, Lakewood, NY, 14750 is a Commercial Property for sale at $849,000 with 1,152 sqft and a lot size of 0.1598. 196 E Fairmount Avenue was built in 1950. The property's zip code is 14750 which is in Lakewood, NY