5030 New York 430 Bemus Point, NY 14712
Estimated payment $1,578/month
Highlights
- 14 Acre Lot
- Forced Air Heating System
- Carpet
- Agricultural
- Wood Siding
About This Home
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!
Listing Agent
Listing by Premier Realty & Investments Brokerage Phone: 716-413-1500 License #10401346664 Listed on: 09/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,545
Year Built
- Built in 1969
Lot Details
- 14 Acre Lot
- Lot Dimensions are 362x1323
- Irregular Lot
Parking
- Paved Parking
Home Design
- Triplex
- Wood Siding
- Vinyl Siding
Interior Spaces
- 11,678 Sq Ft Home
- 2-Story Property
- Crawl Space
Flooring
- Carpet
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Bemus Elementary School
- Maple Grove Junior-Senior High School
Farming
- Agricultural
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Well
- Gas Water Heater
- Septic Tank
Community Details
- 3 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 52
- Assessor Parcel Number 063689-281-000-0001-052-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,947 | $100,000 | $39,000 | $61,000 |
| 2023 | $2,910 | $100,000 | $39,000 | $61,000 |
| 2022 | $2,801 | $100,000 | $39,000 | $61,000 |
| 2021 | $2,758 | $100,000 | $39,000 | $61,000 |
| 2020 | $2,778 | $100,000 | $39,000 | $61,000 |
| 2019 | $2,727 | $100,000 | $39,000 | $61,000 |
| 2018 | $2,727 | $100,000 | $39,000 | $61,000 |
| 2017 | $2,739 | $100,000 | $39,000 | $61,000 |
| 2016 | $2,653 | $100,000 | $39,000 | $61,000 |
| 2015 | -- | $100,000 | $39,000 | $61,000 |
| 2014 | -- | $100,000 | $39,000 | $61,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | For Sale | $225,000 | +40.6% | $19 / Sq Ft |
| 08/05/2025 08/05/25 | Sold | $160,000 | +7.4% | $24 / Sq Ft |
| 06/27/2025 06/27/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $149,000 | -- | $22 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | None Listed On Document | |
| Deed | $255,000 | Dusty Nelson | |
| Deed | $100,000 | Gregory Yaw |
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1634661
APN: 063689-281-000-0001-052-000
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