14492 Lake Street, Sterling

Description

Exceptional opportunity to acquire a ±5.85 acre redevelopment site located in the heart of Fair Haven’s Lake Ontario tourism corridor. This rare, large parcel within the village core offers flexible development potential supported by Central Business District zoning and proximity to one of Central New York’s most active seasonal destinations.

The site provides ample land area to support a variety of commercial or residential concepts and is positioned just minutes from Fair Haven Beach State Park, benefiting from strong seasonal traffic driven by boating, fishing, camping, and waterfront recreation.

The surrounding area draws visitors from the Syracuse and Rochester metro markets, creating demand for hospitality, short-term rental housing, and recreation-oriented services. The scale and configuration of the parcel present a unique opportunity for mixed-use tourism development, multifamily housing, or boat/RV storage, all of which align well with the local market.

Preliminary review suggests potential environmental considerations in the wooded rear portion of the site, offering an opportunity to incorporate natural features into a well-designed development plan while maintaining substantial buildable area along the frontage.

The property is well-positioned from an infrastructure standpoint, featuring on-site 3-phase power (120/240/208), a 6-inch public water main with an on-site fire hydrant, and access to public sewer, supporting a wide range of development intensities.

Existing due diligence materials are available, including a Phase I Environmental Site Assessment, Phase II Environmental, and a current survey, providing buyers with a strong foundation for expedited underwriting and development planning.