Address
1510-1524 Bailey Avenue, Buffalo, NY
Price
$ 450,000
Property Attributes
- MLS#B1524358
- TypeCommercial
- CountyERIE
- CityBuffalo
- AreaBuffalo City
- NeighborhoodHolland Land Companys Su
- Zip14212
- Style
- Year Built1937
- Taxes$ 4182
- Price$ 450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12498
- Lot Size0.983999 Acres
Data Source:
Central New York Information Services (CNYIS)
Property Description
Looking for a chance to own a cash flowing investment property or the possibility of a long-term development parcel. Property has 5 buildings with 9 tenants. Ability for rent increases to see an increase in Cap Rate. Cleared Phase 2 available. ProForma Available. Most tenants under Month to Month agreements.
| Price History | |
|---|---|
| 3/6/2024 | Listed $450,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Electric,Gas,Individual,Baseboard,ForcedAir |
| Cooling | Item1Unit |
| Utilities | SewerConnected |
| Possession | CloseOfEscrow |
| Roof | Asphalt,Flat,Membrane,Rubber |
| Zoning | D-IL |
| Year Built | 1937 |
| Electric | Item3Phase |
| Stories | 1 |
| Township | Not Applicable |
| Levels | One |
| Gross Income | 36384.0 |
| County | Erie |
| Net Operating Income | 22502.0 |
| Operating Expense | 9700.0 |
| Property Type | CommercialSale |
| Subdivision Name | Holland Land Company's Su |
| Total Rooms | 5 |
| Status | Active |
| Directions | Broadway to Bailey,Buildings on Right before Bridge. Bailey,Last Driveway on left before Large Chain Drug Store at Broadway. |
| City | Buffalo |
| High School District | Buffalo |
| Zoning Description | Light Industrial |
| MLS Area | Buffalo City-140200 |
| Lot Size Square Feet | 42863.0 |
| Waterfront Y/N | No |
| Street Name | Bailey |
| Year Built Details | Existing |
| Tax Annual Amount | 4182.0 |
| Property Condition | Resale |
| Lease Considered Y/N | No |
| Days on Market | 72 |
| Standard Status | Active |
| Middle/Junior School District | Buffalo |
| Elementary School District | Buffalo |
| Tax Assessed Value | 120000 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Tax Lot | 2 |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | Avenue |
Exterior Features
| Total Parking | 15.0 |
|---|---|
| Inclusions | Land and Building |
| Lot Size Area | 0.984 |
| Number of Buildings | 5 |
| Building Area Total | 12498.0 |
| Lot Dimensions | 160X248 |
| Lot Size Acres | 0.984 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 14212
Price
Taxes
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome
