4957 Main Street, Bemus Point, NY 14712
Local realty services provided by:ERA Team VP Real Estate
4957 Main Street,Bemus Point, NY 14712
$989,000
- 3 Beds
- 3 Baths
- 4,400 sq. ft.
- Multi-family
- Active
Listed by:
Office: era team vp real estate
MLS#:R1699815
Source:NY_GENRIS
Price summary
- Price:$989,000
- Price per sq. ft.:$224.77
About this home
This is a rare opportunity to own a well maintained income producing property in the heart of Bemus Point, New York. Offering approximately 4,400 square feet across three levels, the property currently includes two spacious residential apartments and three office suites with excellent flexibility for future use.
The upper level features an approximately 1,560 square foot apartment with two bedrooms, a loft, and two full bathrooms. The second apartment offers approximately 775 square feet with one bedroom, one full bathroom, and a private deck. All units are equipped with air conditioning.
The first floor is currently configured as three professional office suites. Subject to buyer verification, zoning requirements, and municipal approvals, the office space may offer the opportunity to be converted into two additional residential apartments.
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 off street parking. The seller is willing to negotiate the purchase price if retaining the additional side lot.
The owner is relocating the business to another local location and is offering the real estate for sale. The business is not for sale and will continue to operate locally.
Whether expanding your investment portfolio or adding value through future redevelopment, this property offers outstanding potential. Projected annual gross rental income is approximately $80,400 in its current configuration, with additional upside possible through future conversion, subject to approvals.
Located in the Village of Bemus Point, you'll enjoy convenient access to Chautauqua Lake, restaurants, boutiques, parks, marinas, seasonal events, and year round recreation. Also has a new back rubber roof. Also Under R1699429...
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Home facts
- Year built:1972
- Subdivision & Development:Oriental Park Sec K
- Listing ID #:R1699815
- Added:100 day(s) ago
- Updated:October 27, 2026 at 05:01 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Hardwood, Varies
- Living area:4,400 sq. ft.
Heating and cooling
- Cooling:Central Air, Zoned
- Heating:Baseboard, Gas, Hot Water, Zoned
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1972
- Building area:4,400 sq. ft.
- Lot area:0.43 Acres
- Lot Features:Rectangular, Residential Lot
- Construction Materials:Vinyl Siding
- Exterior Features:Balcony, Deck, Hot Tub Spa
- Levels:2 Stories
Schools
- High school:Maple Grove Junior-Senior High
- Elementary school:Bemus Elementary
Utilities
- Water:Well
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$989,000
- Price per sq. ft.:$224.77
- Tax amount:$6,309
Features and amenities
- Amenities:Balcony, Deck
Parking
- Parking description:Paved
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