Mixed-Use Retail and Residential
196 E Fairmount Ave Lakewood, NY 14750
For Sale
$849,000
Five parcels with a commercial building plus residential units for combined owner-occupancy and rental income use in a retail corridor.
Lot Size1.10 Acres
Days on Market50
Property Features for 196 E Fairmount Ave
General Information
Standard status
Active
Lot size
1.10 Acres
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
ERA Team VP Real Estate
(716) 640-0104
Listed By:
Michael McVinney · License #NY10301214857
(716) 640-0104
Source:
Elliman
Added: Jun 10
Changed: Jul 10
Last Checked: Jul 28 at 2:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA Team VP Real Estate
Investment Insights
Based on property information with market context.
This offering includes five parcels totaling approximately 1.1 acres with a commercial building suited for owner-occupancy or business operations. The property also includes multiple income-producing residential units, providing a mixed-use structure that can help diversify onsite income streams. The configuration supports flexible end uses, whether the goal is running a retail or service business on-site or pairing a commercial presence with residential rentals.
The parcels are positioned along one of Chautauqua County’s most active retail corridors on a high-traffic commercial route. The site is near major national retailers and is directly across from Harbor Freight, placing it within a shopping and service area that draws both local residents and Chautauqua Lake visitors.
For tenants, buyers, or operators seeking a visible commercial location with residential support, the mix of uses may align with owner-occupant strategies and rental integration. The property’s frontage along an active shopping corridor can support retail or service concepts that benefit from consistent consumer exposure, while the attached residential units provide additional operational flexibility.
The parcels are positioned along one of Chautauqua County’s most active retail corridors on a high-traffic commercial route. The site is near major national retailers and is directly across from Harbor Freight, placing it within a shopping and service area that draws both local residents and Chautauqua Lake visitors.
For tenants, buyers, or operators seeking a visible commercial location with residential support, the mix of uses may align with owner-occupant strategies and rental integration. The property’s frontage along an active shopping corridor can support retail or service concepts that benefit from consistent consumer exposure, while the attached residential units provide additional operational flexibility.
Key Highlights
- 5 parcels totaling approximately 1.1 acres on a high‑traffic retail corridor in Chautauqua County
- Commercial building on‑site, suited for owner‑occupancy or business operations
- Multiple income‑producing residential units on the property to help offset carrying costs
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Five parcels with a commercial building plus residential units for combined owner-occupancy and rental income use in a retail corridor.
Where is this retail space located?
The property is located at 196 E Fairmount Ave Lakewood, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 5 parcels totaling approximately 1.1 acres on a high‑traffic retail corridor in Chautauqua County; Commercial building on‑site, suited for owner‑occupancy or business operations; Multiple income‑producing residential units on the property to help offset carrying costs
