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    OFF-MARKET
    Residential income homes

    10412 Main St, Findley Lake, NY 14736

    5,289 SF 1.37 ac lot Built 1904
    Property ID
    US63-2494679
    Property summary
    AI-generated overview

    This exceptional multifamily investment opportunity presents a unique blend of residential and commercial potential, situated on a picturesque 1.37-acre lot in Findley Lake, New York. The property comprises two buildings: a charming, two-story main house (2,243 sq ft) and a renovated barn (the remaining square footage). The main house, originally built in 1904 and previously operating as the Blue Heron Inn (a restaurant/bed and breakfast from 1997-2017), now offers five units, including four ensuite bedrooms. The main house features gleaming maple floors, vintage woodwork, an updated kitchen with commercial-grade appliances, and a separate bar. A large enclosed porch and covered deck provide breathtaking lake views. The renovated barn offers three first-floor spaces ideal for retail, office, or studio use, plus an upstairs efficiency apartment. Three of these four barn units are currently rented, generating $1,500 in monthly income. The property boasts eight parking spaces and is zoned Business B1, allowing for diverse uses. Located near Peek'N Peak Resort and Chautauqua, this property offers convenient access to Buffalo, Cleveland, and Pittsburgh. The combined square footage of both buildings totals 5,289 square feet. This property is a rare find, combining residential living with significant income-generating potential. The APN is 065200-359-006-0001-010-000 & 6-1-11. The asking price is $599,000.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1904
    Total area 5,289 SF
    Lot 1.37 ac (59,677 SF)
    APN 065200-359-006-0001-010-000 & 6-1-11
    UPID US63-2494679
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • New Frontier Marketing of WNY, Inc. Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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