Active
4957 Main Street, Ellery NY 14712
MLS# R1699815
$989,000
Price
3
Beds
3
Baths
4,400
Living Area (Sq.Ft.)
0.43
Lot Area (Acres)
$989,000
Price
3
Beds
3
Baths
4,400
Living Area (Sq.Ft.)
0.43
Lot Area (Acres)
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. <br> <br>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. <br> <br>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. <br> <br>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. <br> <br>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. <br> <br>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. <br> <br>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 Under R1699429
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1972
Parcel Number
063689-333-013-0003-004-000
Unit Number
--
Subdivision Name
Oriental Park Sec K
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Lot Size Dimensions
142X130
Stories
2
Bath Rooms Full
3
Property Condition
Resale
Elementary School
Bemus Elementary
Elementary School District
Bemus Point
Middle Or Junior School District
Bemus Point
High School
Maple Grove Junior-Senior High
High School District
Bemus Point
Location
Listing Agent
Heather Shea-Canaley
Listing Office
ERA Team VP Real Estate
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-07-19
Owner Pays
All Utilities
Rent Includes
All Utilities
Fire Places Total
0
Flooring
Hardwood, Luxury Vinyl, Varies
Cooling
true
Cooling Features
Zoned,CentralAir
Heating
true
Heating Features
Gas, Zoned, Baseboard, Hot Water
Appliances
Gas Water Heater
Garage
--
Garage Spaces
0
Exterior Features
Balcony, Deck, Hot Tub Spa
Water Source
Well
Sewer
Connected
Roof
Asphalt
Utilities
Sewer Connected
Parking Features
Paved, Two Or More Spaces
Foundation Details
Slab
Construction Materials
Vinyl Siding
Patio And Porch Features
Balcony, Deck
Spa
true
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.