4957 Main Street, Ellery, NY 14712

Property Description

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