For Sale
$850,000

5040 Lake Rd Dunkirk, NY 14048

Six acres, 17 units, Lake Erie views.

Overview

Added:
Feb 3
Days on market:
79
This exceptional 10,509 square foot property presents a remarkable investment opportunity on 6.43 acres of land boasting 260 feet of stunning Lake Erie frontage. Ideally situated between Shorewood Country Club and Lakewood Drive in Dunkirk, NY, this unique offering currently comprises a motel with five studio/efficiency units and seven one-bedroom apartments. Adding to its potential, ten cottages are also located on the property, four of which are currently occupied. The existing structures provide immediate income potential, while the expansive acreage and prime lakefront location offer a multitude of development possibilities. Imagine the possibilities for expansion, renovation, or the creation of a completely new venture. This property's versatility makes it suitable for a wide range of commercial uses, from a thriving hospitality business to a unique residential development. The substantial lake frontage provides unparalleled access to recreational activities and breathtaking views. This is a rare chance to acquire a significant piece of Lake Erie waterfront property with proven income streams and immense future potential. Don't miss this chance to bring your vision to life in a highly desirable location. The property is priced at $850,000.

Property Details for 5040 Lake Rd

Property type
Commercial real estate
Square Feet
10,509 SF
Year Built
1930
Lot Size (sq. ft)
280,091 SF

Location Insight

City
Dunkirk
County
Chautauqua
State
New York
Latitude
42.46196
Longitude
-79.38927

FAQs

What type of property is this?
Commercial real estate - Six acres, 17 units, Lake Erie views.
Where is the commercial real estate located?
The property is located at 5040 Lake Rd Dunkirk, NY.
What is the asking price?
The asking price for this property is $850,000.
How can I contact the broker?
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5040 Lake Rd
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