Mixed-Use Retail and Residential
For Sale
$849,000
196 E Fairmount Avenue, Lakewood, NY 14750
Five parcels with a commercial building plus residential units for combined owner-occupancy and rental income use in a retail corridor.
Property Size1,152 SF
Lot Size1.10 Acres
Days on Market79
Property Features for 196 E Fairmount Avenue
General Information
Standard status
Active
Size
1,152 SF
Total Parking Spaces
25
Lot size
1.10 Acres
Property subtype
Commercial
Zoning
Commercial, Commercial
Taxes and HOA fees
Annual Taxes
$10,775
Building Details
Building Size
1,152 SF
Year Built
1950
Buildings
3
Stories
2
Listing Agency:
ERA Team VP Real Estate
(716) 640-0104
Listed By:
Michael McVinney · License #NY10301214857
(716) 640-0104
Source:
Northstarwny
Added: Jun 7
Changed: Aug 23
Last Checked: Aug 23 at 10:11AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
187k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 30%
Apparel 21%
Home Improvements & Furnishings 13%
T.J. Maxx
Apparel
39,273 visits/mo
0.4 miles
Michaels
Shops & Services
22,075 visits/mo
0.3 miles
Ollie's Bargain Outlet
Shops & Services
20,483 visits/mo
0.5 miles
Tim Hortons
Dining
20,342 visits/mo
0.3 miles
Panera Bread
Dining
14,974 visits/mo
0.3 miles
Demographics for 14750, NY
4,673
Population
2,352
Households
2
Avg Household Size
49
Median Age
35%
College-Educated
95%
High-School Grad
11.3 sq mi
ZIP Area
414
Density / Sq Mi
$67,083
Median Household Income
$44,653
Median Earnings
$1,145
Median Rent
$158,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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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 Avenue 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
