4860 Route 430, Bemus Point, NY 14712
- Added:
- Apr 11, 2025
- Days on Market:
- 448
- Last Refresh:
- Jul 2 at 3:06 pm
Property Features for 4860 Route 430
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B2
- Parking
- 40
- Standard status
- Pending
- APN
- 063689-298-000-0001-021-000
- Size
- 3,648 SF
- Lot size
- 2.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8192
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas, Central, Baseboard
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1992
- Floors in Building
- 2
- Roof type
- Asphalt
Listing agent Stephen Holt License #10311209104 (716) 269-4208
Listing office Howard Hanna Holt - Mayville W Lake Rd, PO Box 174, Mayville, NY (716) 753-7880
Listing date Apr 11, 2025
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use property on Route 430 in the Town of Ellery, NY, directly across from Midway State Amusement Park
- Built in 1992 with central heating and central air conditioning; natural gas service
- First‑floor commercial space was recently used as a restaurant with commercial kitchen infrastructure and ample parking
- Second‑floor updated 2‑bedroom apartment with a separate private entrance
- On‑site storage unit business includes 26 income‑generating storage units with consistent occupancy
- Utilities include well water and a septic tank; asphalt shingle roof
Overview
Located on a high-visibility stretch of Route 430 in the Town of Ellery, the building benefits from strong visibility and easy roadside exposure. The property sits directly across the street from Midway State Amusement Park, and the commercial space is supported by ample parking for customer and tenant use.
For tenants, buyers, and owner-operators, the setup offers flexibility to run a business while occupying the apartment, or to support multiple revenue sources through the restaurant space, residential unit, and storage units. Zoning is B2, aligning with a property designed to accommodate both commercial and residential use within the same address.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.7k | $18.00 |
| − Vacancy | −$1.7k | −$0.47 |
| EGI | $64.0k | $17.53 |
| − OpEx | −$16.0k | −$4.38 |
| NOI | $48.0k | $13.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bemus Point
- County
- Chautauqua
- State
- New York
- Longitude
- -79.41992
- Latitude
- 42.202346
