Mixed-Use Property with Residential
For Sale
$849,000
196 E Fairmount Avenue, Lakewood, NY 14750
Commercial building paired with income-producing residential units along an active retail corridor.
Property Size1,152 SF
Lot Size1.10 Acres
Price / SF$736.98
Days on Market95
Property Features for 196 E Fairmount Avenue
General Information
Standard status
Active
Size
1,152 SF
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
Listed By:
Michael McVinney · License #NY10301214857
(716) 640-0104
Source:
Geracerealty
Added: Jul 24
Changed: Oct 26
Last Checked: Oct 26 at 8:35AM
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
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Investment Insights
Based on property information with market context.
This mixed-use offering combines a commercial building with multiple income-producing residential units across five parcels totaling approximately 1.1 acres. The 1,152-square-foot property provides a combination of commercial and residential components within one ownership structure.
Located at 196 E Fairmount Avenue in Busti, the property sits along a busy commercial route in Chautauqua County, near major national retailers and directly across from Harbor Freight. Its position within the area’s primary shopping and service corridor places it near activity serving local residents and Chautauqua Lake visitors.
Located at 196 E Fairmount Avenue in Busti, the property sits along a busy commercial route in Chautauqua County, near major national retailers and directly across from Harbor Freight. Its position within the area’s primary shopping and service corridor places it near activity serving local residents and Chautauqua Lake visitors.
Key Highlights
- Five parcels totaling approximately 1.1 acres
- 1,152‑square‑foot mixed‑use property
- Commercial building plus multiple income‑producing residential units
Property Analytics
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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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial building paired with income-producing residential units along an active retail corridor.
Where is this mixed-use property 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: Five parcels totaling approximately 1.1 acres; 1,152‑square‑foot mixed‑use property; Commercial building plus multiple income‑producing residential units
