CCertihomes
196 E Fairmount Avenue, Busti, NY 14750

$899,000

0 beds 0 baths 1,152 sqft Built 19500 days on marketActive

About this home

Prime Commercial Opportunity- 196 E. Fairmount Ave., Lakewood, NY. Strategically located in the region's busiest retail corridor, this unique offering includes five parcels totaling approximately 1.1 acres on one of the highest traffic roads in Chautauqua County. Not far from TJ Maxx, cross the street from Harbor Freight, this property sits on the main thoroughfare to shopping and services for residents and visitors of Chautauqua Lake. The main commercial building offers a perfect space to operate your own business, while multiple income-generating houses on-site offset holding costs and increase cash flow. Whether you're looking to develop, invest, or establish visible retail or service location, this flexible property delivers. Rarely do opportunities arise in this location that offer both frontage, traffic, and versatility-act quickly to secure this high-visibility, high-potential property.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$6,406/mo

Real estate (PITI + HOA + PMI)
$6,161
Principal + interest$4,077
Property tax + insurance$1,747
PMI / 2nd mortgage$337
Utilities
$941
Heating + cooling$301
Internet + TV + phone$173
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$173
$6,406/mo TLC
Budget$6,906/mo
Remaining after TLC$500/mo
Purchase price
$899,000
Down payment
$44,950 (5%)
Loan amount
$854,050
APR
4%

Quick facts

Type
COM
Style
Year built
1950
Lot size
0.1598 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Public
HOA
Annual tax
$10,775
MLS #
R1605360
County
Chautauqua

Home features

Roof
Asphalt, Metal, Pitched, Shingle
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Schools

Elementary
Southwestern Elementary
Middle
Southwestern Middle
High
Southwestern Senior High

Neighborhood — 14750

MetricThis ZIPCountyUSA
Population3,62319,351,094299,088,112
Population Change Since1990-9.00%8.00%20.00%
Population Density296395
Male1,7249,381,926147,432,321
Female1,8989,969,168151,655,844
Never Married6024,946,39163,775,926
Married1,6957,166,701123,120,365
Separated791,159,67312,639,686
Widowed2741,110,24515,467,586
Divorced3961,210,44823,075,029
Number Of House Hold1,5327,102,016111,826,380
Average House Hold Size2.362.642.60
Medial Age44.2536.5335.46
Median House Hold Income$43,749$49,847$48,276
Average House Hold Income$61,376$70,032$63,629
P C I$25,953$26,569$24,529
M D I$38,099$42,210$41,133
A T H E$50,189$54,185$50,898
S T R8.00%4.00%
W C J78.83%81.55%77.74%
(Zip) Code
14750

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 5/8/2025. Provided courtesy of ERA Team VP Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.