benny.estate
For SaleMLS # R168676145 days on market

4994 Lake Road

Mayville, NY 14757 · Chautauqua County

Price

$469,900

Bed / Bath

Interior

5,788 sqft

Lot

34,561 sqft lot

Built

1904

↓ Reduced from $479,900

About this home

Discover a rare opportunity to own one of the area's most distinctive historic commercial properties, ideally located just north of Chautauqua Institution. Rich in history and character, this remarkable building was originally a sawmill and continues to showcase many of its original architectural features, creating a one of a kind setting for business, investment, or creative redevelopment. At the heart of the property is an expansive multi purpose commercial space with soaring ceilings, abundant open floor area, and the original second floor catwalk that serves as a striking reminder of the building's industrial heritage. The versatile layout lends itself to countless possibilities, whether you envision a retail destination, art gallery, restaurant, event venue, studio, workshop, or antique marketplace. Opportunities like this are increasingly rare in the Chautauqua region. Complementing the commercial space are two residential units that offer flexibility for owner occupancy, long-term rentals, or short-term vacation accommodations. The primary residence is a spacious two story apartment featuring three bedrooms, two full bathrooms, an attached two-car garage, a loft area, and a comfortable sitting room that opens to a private patio, creating the perfect retreat after a busy day. The second apartment offers a bright one-bedroom layout with an open-concept living space designed for comfortable and efficient living. Both residential units share a massive covered porch that provides a beautiful gathering space and enhances the property's welcoming charm. Situated just moments from Chautauqua Institution, Chautauqua Lake, Bemus Point, and countless year round attractions, this property enjoys a prime location in one of Western New York's most sought after destinations. Whether you are an entrepreneur seeking a signature business location, an investor looking for multiple income streams, or someone searching for a unique property with endless potential, this historic landmark offers a truly exceptional opportunity. Property is zoned "Residential Lakeside", however it is deemed commercial in county records. Seller is a NYS Lic RE Salesperson

Interior features

  • Bedroom On Main Level

Mechanical

Heating

Gas, Baseboard, Hot Water

Schools

District

Chautauqua Lake

Tax & finance

Annual taxes

$5,010

Financing

Cash · Conventional

Location

Mayville, NY 14757 · Chautauqua County

MLS Attribution

Listing courtesy of ERA Team VP Real Estate. Listing agent: AnnaMarie Bennett. Data last updated 7/20/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.