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Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,906 sqft
Price per Sqft $101
MLS Listing ID B1410934
Sold Date 02/27/23
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $10,640
Lot Size 0.258 Acres
Acres 0.2581
Lot Dimensions 96X116
Property Sub-Type Mixed Use
Property Description
Incredible investment opportunity in thriving West Side of Buffalo. This mixed-use, mostly brick commercial property has abundant cash flow possibilities. Ideal location close to I-190 and Canada, walking distance to shops, restaurants & conveniences. Turnkey, top notch restaurant space, outdoor restaurant garden/patio with seating, 1 retail space, 4 residential apartments, consisting of 2 two bedroom and 2 one bedroom units and 2 lots. Combined parcels create a remarkable 15,922 sq ft of development opportunity. The restaurant space has been completely reconstructed with $600K+ worth of improvements including: 3 phase electric at the pole, new electric, new water main, new gas line, plumbing, asbestos abatement, hot water, HVAC, hood systems, state of the art kitchen, 3 walk-in coolers, 1 walk-freezer, LED lighting, repair work on rubber roof, new metal roof, 31x42 addition, fencing, lot drainage and landscaping, front windows, patio.This is a fantastic restaurateur opportunity to run your business and develop the residential and retail space to cover your debt service. In addition, this would make a fantastic addition to any real estate portfolio! Proforma is attached.
Location
State NY
County Erie
Area Buffalo City-140200
Zoning N-2C
Direction Richmond to Connecticut
Rooms
Basement Full
Interior
Heating Gas, Zoned, Forced Air
Cooling Zoned, Central Air
Flooring Concrete, Hardwood, Linoleum, Varies, Vinyl
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Membrane,Metal,Rubber
Handicap Access Accessible Doors
Building
Building Description Brick, Janitorial Service,Office,Public Restrooms,Shelving
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status Existing
Schools
School District Buffalo
Others
Tax ID 140200-099-670-0006-003-100
Security Features Security Service
Acceptable Financing Cash, Rehab Financing
Listing Terms Cash, Rehab Financing
Financing Conventional
Special Listing Condition Standard
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Cher Brundage
Broker Associate | License ID: 30BR1121735
Broker Associate License ID: 30BR1121735


