Active
MLS# R1634661
$225,000
Price
3
Beds
3
Baths
11,678
Living Area (Sq.Ft.)
14
Lot Area (Acres)
$225,000
Price
3
Beds
3
Baths
11,678
Living Area (Sq.Ft.)
14
Lot Area (Acres)
Prime Investment Opportunity: Fixer-Upper Commercial Property Near Chautauqua Lake. Unlock the potential of this expansive 6,600+ sq. ft. property, a diamond in the rough situated on a highly trafficked route in the heart of a vibrant tourist destination. Previously operated as a restaurant and motel, this versatile site features three distinct structures—a restaurant, a two-unit motel, and a spacious pole barn—offering endless possibilities for redevelopment. With ample room to expand and abundant parking, this property is a blank canvas for visionary investors or entrepreneurs looking to capitalize on its prime location and scenic surroundings.Nestled near the breathtaking Chautauqua Lake and the renowned Chautauqua Institution, this property boasts stunning views of open fields and forested rolling hills, making it an ideal backdrop for a variety of ventures. Whether you envision a charming wedding venue, a bustling business hub, a housing development, an agricultural enterprise, a manufacturing facility, a recreational retreat, or even a mixed-use complex with retail and lodging, the opportunities are limitless. The property’s proximity to popular tourist attractions ensures a steady flow of visitors, enhancing its commercial potential.This fixer-upper is ready for your creative touch to restore and reimagine its full potential. Sold as-is, this is a rare chance to invest in a high-visibility location with significant growth opportunities. Delayed negotiations until September 16, 2025—all offers must be submitted by 6:00 PM on this date.Don’t miss out on this unique opportunity to transform a prime property in a sought-after destination. Schedule a viewing today and start envisioning the future of this remarkable site!
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1969
Parcel Number
063689-281-000-0001-052-000
Unit Number
--
Lot Features
Agricultural, Irregular Lot
Levels
Two
Lot Size Dimensions
362X1323
Stories
2
Bath Rooms Full
3
Property Condition
Resale
Elementary School
Bemus Elementary
Elementary School District
Bemus Point
Middle Or Junior School
Other - See Remarks
Middle Or Junior School District
Bemus Point
High School
Maple Grove Junior-Senior High
High School District
Bemus Point
Location
Listing Agent
Michael Heald
Listing Office
Premier Realty & Investments
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow,Closing
Special Listing Conditions
Standard
Listing Terms
Cash, Rehab Financing
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-09-01
Owner Pays
Other, See Remarks
Rent Includes
Other, See Remarks
Net Operating Income
-4545
Fire Places Total
0
Flooring
Carpet, Linoleum, Other, See Remarks, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Appliances
Gas Water Heater
Garage
--
Garage Spaces
0
Architectural Style
Triplex
Water Source
Well
Sewer
SepticTank
Roof
Metal, Other, Shingle, See Remarks
Utilities
Electricity Connected
Parking Features
Paved
Basement
Crawl Space, None
Construction Materials
Vinyl Siding, Wood Siding
No schools found
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 06/27/2025.
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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.
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.
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 06/27/2025.
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.