Property profile

10412 Main St Findley Lake, NY 14736

OFF-MARKET
Residential income homes
Property ID
US63-2494679
5,289 SF 1.37 ac lot Built 1904
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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)
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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

10412 Main St Findley Lake, NY 14736
Findley Lake metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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