Lakefront Restaurant with Boat-Up
For Sale
$495,000
95 W Lake Road, Mayville, NY 14757
Turnkey, 2nd-generation lakefront restaurant offers indoor, outdoor, and boat-up dining with fully equipped commercial kitchen.
Property Size2,400 SF
Price / SF$206.25
Days on Market91
Property Features for 95 W Lake Road
General Information
Standard status
Active
Size
2,400 SF
Class
C
Property subtype
Retail - Restaurant
Restaurant
Patio
Yes
Equipment Included
Yes
Building Details
Building Size
2,400 SF
Year Built
1950
Year Renovated
2025
Units
1
Listing Agency:
SBRE - Sherry Bauer Real Estate
Listed By:
Sherry Bauer · License #RM422666
(814) 460-2000
Source:
Commercialcafe
Added: Jul 28
Changed: Oct 10
Last Checked: Oct 24 at 1:38PM
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 SBRE - Sherry Bauer Real Estate
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Investment Insights
Based on property information with market context.
This turnkey, 2nd-generation lakefront restaurant is offered with real property and equipment only. The operation includes indoor, outdoor, and boat-up dining, along with commercial kitchen space that is fully equipped; an equipment list is available. The property was completely renovated in 2023, including electrical, kitchen, flooring, HVAC, and other improvements. Additional updates include new dining room windows in 2024 and a new deck in 2025. The interior is currently owner operated as She Sings Café & Bar.
The property is located across from Chautauqua Lake in the Village of Mayville, NY, providing lake-view dining from the restaurant setting.
For buyers and brokers, the key takeaway is a renovated, plug-and-operate restaurant configuration with multiple dining formats and a commercially equipped kitchen included with the sale.
The property is located across from Chautauqua Lake in the Village of Mayville, NY, providing lake-view dining from the restaurant setting.
For buyers and brokers, the key takeaway is a renovated, plug-and-operate restaurant configuration with multiple dining formats and a commercially equipped kitchen included with the sale.
Key Highlights
- 2,400± SF, 2nd‑generation lakefront restaurant with indoor, outdoor, and boat‑up dining and lake views
- Across from Chautauqua Lake in the Village of Mayville, NY
- Completely renovated in 2023, including electrical, kitchen, flooring, HVAC, and more
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,558
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,160
$631.2K
Cap Rate 7%
$450,829
$450.8K
Cap Rate 9%
$350,644
$350.6K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$43.2K $18.00/SF
− Vacancy
−$1.1K −$0.47/SF
EGI
$42.1K $17.53/SF
− OpEx
−$10.5K −$4.38/SF
NOI
$31.6K $13.15/SF
Area
Chautauqua County, NY
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,160
Cap Rate 7%
$450,829
Cap Rate 9%
$350,644
Alternative Uses
Best Use
Specialty Retail
$450.8K
$394.5K – $526.0K
NOI $31,558 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$718.4K
$628.6K – $838.1K
NOI $50,285 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 14757, NY
3,072
Population
2,181
Households
1.4
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
43.7 sq mi
ZIP Area
70
Density / Sq Mi
$63,542
Median Household Income
$40,042
Median Earnings
$677
Median Rent
$179,400
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey, 2nd-generation lakefront restaurant offers indoor, outdoor, and boat-up dining with fully equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at 95 W Lake Road Mayville, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,400± SF, 2nd‑generation lakefront restaurant with indoor, outdoor, and boat‑up dining and lake views; Across from Chautauqua Lake in the Village of Mayville, NY; Completely renovated in 2023, including electrical, kitchen, flooring, HVAC, and more
