4957 Main Street
Bemus Point, NY, 14712 $ 989,000
Bedrooms-- Baths-- Sq 4,400 Monthly Estimate*
$ 6,245
for $989,000. This 4,400 square foot building was built in 1972 on a lot size of 0.43.
The owner is relocating the business to another local location and is offering the real estate for sale. The business itself is not for sale and will continue to operate locally under the current ownership. This is a rare opportunity to own a well maintained mixed use property in the heart of Bemus Point, New York. Offering approximately 4,400 square feet across three levels, this five unit building includes three commercial office suites, two residential apartments, common areas, and on site laundry, making it an excellent investment or owner occupied opportunity. The commercial portion features three professional office suites. Unit 1 offers approximately 734 square feet with access to a conference room. Unit 2 includes approximately 345 square feet with shared conference room access. Unit 3 provides approximately 374 square feet of office space, creating flexibility for a variety of professional or service based businesses. 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
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FeaturesGeneralSewer PublicSewer
Heating Gas Zoned Baseboard HotWater
Cooling Zoned CentralAir
Utilities SewerConnected
Possession CloseOfEscrow
Roof Asphalt
Zoning MULT USE
School District Bemus Point
Year Built 1972
Stories Count 2
Township Not Applicable
Levels Two
Additional Parcels Description 333.13-3-5
County Chautauqua
Property Type CommercialSale
Subdivision Name Oriental Park Sec K
Status Active
High School Maple Grove Junior-Senior High
City Ellery
High School District Bemus Point
Zoning Description Business
Number Of Units Total 0
MLS Area Ellery-063689
Lot Size Units Acres
Lot Size Square Feet 6175.0
Elementary School Bemus Elementary
Year Built Details Existing
Tax Annual Amount 6309.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Bemus Point
Elementary School District Bemus Point
Tax Assessed Value 191900
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
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InteriorTotal Fireplaces 0
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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ExteriorLot Features Rectangular RectangularLot
Total Parking 12.0
Inclusions Land and Building
Lot Size Area 0.43
Number of Buildings 1
Building Area Total 4400.0
Lot Dimensions 142X130
Lot Size Acres 0.43
Waterfront Y/N No
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* Excluded FeaturesList ByEra Team Vp Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,245
- Monthly Property Taxes
- $526
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Bemus Point, NY
Average List Price $816,333
Percent of Sale Price 17%
About Bemus Point, NY 3,114 Population
-6% Since 2002
$ 55,014 Median Income
52.44 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
3323131 Elementary School
3219729 Middle School
Maple Grove Junior-Senior High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/19/2026 | $949,000 | | Listed Price |