20 Lakeside Drive Bemus Point, NY $ 4,000,000
20 Lakeside Drive
$ 4,000,000
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20 Lakeside Drive

Bemus Point, NY, 14712
$ 4,000,000
Baths0.0 Sq 21,171

Monthly Estimate*

$ 27,941

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Studio

Commercial Property for sale in Bemus Point, NY

for $4,000,000. This 21,171 square foot building was built in 1890 on a lot size of 1.4.

For those interested in owning a piece of Chautauqua Lake history, the chance has arrived. The Hotel Lenhart, located in the lively lakeside community of Bemus Point, is up for sale. This hotel is famous for its colorful rocking chairs on the expansive porch that overlooks Bemus Bay. With 53 rooms ranging from large parlor-type rooms on the ground floor to small single bedded rooms on the top floor, this hotel provides a variety of options for guests. It is worth noting that the hotel was originally built without plumbing or electricity, with some rooms still lacking a bathroom, although all rooms have a sink. However, there are two private baths on each floor for those rooms. The hotel has been operating seasonally from Memorial Day to Labor Day. In addition to the hotel, the sale also includes three beautifully updated residential homes and 140 feet of lake frontage.

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Commercial Active

Price

$ 4,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 34,844

Style

Business

Lot Size

1.4

Year Built

1890

Town/City

Bemus Point

County/Region

Chautauqua

MLS | Web ID

R1492691

Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Utilities SewerConnected
Possession Closing
Roof Membrane Rubber Shingle
Zoning 414
Construction Materials Block WoodSiding
Year Built 1890
View Water
Stories 3
Township Bemus Point-Village
Property SubType Business
Current Use HotelMotel
Business Type HotelMotel BarTavernLounge
Waterfront Features BeachAccess Lake
Business Name Hotel Lenhart
County Chautauqua
Property Type CommercialSale
Possible Use HotelMotel Residential
Garage Y/N Yes
Total Rooms 53
Status Active
Directions Take Main St. turn left onto Lakeside Dr. Hotel is on left on the corner of Lakeside Dr. and Lenhart Ave.
High School Maple Grove Junior-Senior High
City Ellery
Body of Water Chautauqua Lake
View Y/N Yes
High School District Bemus Point
Zoning Description Commercial
Total Units 0
MLS Area Bemus Point-Village-063601
Waterfront Y/N Yes
Street Name Lakeside
Elementary School Bemus Elementary
Year Built Details Existing
Tax Annual Amount 34844.0
Middle/Junior High School Other - See Remarks
Property Condition Resale
Lease Considered Y/N No
Days on Market 219
Standard Status Active
Middle/Junior School District Bemus Point
Elementary School District Bemus Point
Tax Assessed Value 1108300
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Business Commercial Other
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Interior
Basement Partial
Flooring Carpet
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Drive
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Driveway OffSite OnSite
Water Source Well
Total Parking 25.0
Inclusions Land Building and Business Other - See Remarks
Lot Size Area 1.4
Number of Buildings 4
Building Area Total 21171.0
Lot Dimensions 143X277
Lot Size Acres 1.4
Frontage Length 140
Lot Size Units Acres
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Internal Only
Street Number 1 20
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* Excluded Features
List By
Real Estate Advantage

Broker

(716) 450-2110

Phone

Affordability Calculator

$30,845
Per Month
91%
9%
0%
Monthly Principal & Interest
$27,941
Monthly Property Taxes
$2,904
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3323131 Elementary School
3323950 Middle School
Maple Grove Junior-Senior High High School
Pricing History
DatePricePrice ChangeDescription
8/22/2023$4,000,000 Listed Price

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20 Lakeside Drive, Bemus Point, NY, 14712 is a Commercial Property for sale at $4,000,000 with 21,171 sqft and a lot size of 1.4. 20 Lakeside Drive is a studio with 0.0 baths and was built in 1890. The property's zip code is 14712 which is in Bemus Point, NY