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.
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0BEDS
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0.26ACRES
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0BATHS
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01/2 BATHS
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8,906SQFT
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$122$/SQFT
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.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than 716 Realty Group are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-07-07T00:14:23.56.
Listing information © 2022 CNYIS, GENRIS, WNYREIS. Listing provided by Jennifer Goetz of Keller Williams Realty Wny : 716-832-3300.