4860 Route 430 Bemus Point, NY 14712
For Sale
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This exceptional investment opportunity presents a 2.3-acre industrial property located at 4860 Route 430 in Ellery, Chautauqua County, New York, 14712. The property is zoned for commercial and warehouse use and includes a substantial existing structure. Currently generating income from multiple revenue streams, this property offers significant potential for growth and return on investment. A 1700 sq ft apartment on the property is currently rented for $1500 per month, inclusive of utilities. Furthermore, 26 fully rented 10x10 and 10x15 storage units generate additional monthly income, with $75 and $85 monthly rent respectively, and space available to add more units. The asking price for this turnkey operation is $625,000. Please note that a minimum of four days' notice is required for showings. Access to certain areas, including the kitchen, coolers, freezers, and cupboards, is restricted. Proof of funds is required to schedule a showing. This property represents a rare chance to acquire a well-established, income-producing asset in a desirable location. The property's strategic location and diverse income streams make it an attractive investment for both seasoned and emerging investors. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
07 - MIXED · Bemus Point, NYNo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.