SQUARE FEET6,105
MLS#B1673316
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLBuffalo
Property Description
Hard to find investment opportunity! Stately commercial mixed use building to include popular neighborhood laundromat business and huge 4 bedroom apartment. This 25 year old business is the only neighborhood laundromat. Laundromat income ranges between $1500-$2200 weekly. Upper apartment is rented at $1495/mo. Garage is rented at $300/mo. A room in the basement is rented at $100/week. Total yearly building revenue is approx. $120,000 which puts this investment at a desirable 13% CAP rate. Laundromat revenue could be much higher with proper adverting and Google SEO. Very little competition nearby. Brand new Dexter dryers and new Encore washers were just installed March 2026. To be installed are (3) brand new Dexter 80lb washers, (3) newer 60lb washers, and (2) newer 40lb washers. Laundromat prices could also be increased - they have not been increased in many years. Upper apartment is recently painted. All laundromat equipment is sold as-is. Showings of the laundromat can be done any time. Upper apartment needs a 24 hour notice after a first showing of the business. Also listed as mixed use multi-family B1669845.
Property Features
Property Type: Commercial - Business
Basement: Full
Cooling: Central Air
Heating: Gas, Forced Air
Lot Size: 0.20 Acres
Roof Type: Flat, Membrane, Rubber
Stories: 2.0
Taxes: $4,930
Year Built: 1950
Feature Descriptions
Building Features: Janitorial Service, Office
Days on Site: 4
Exterior: Frame
Flooring: Carpet, Hardwood, Linoleum, Varies, Vinyl
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 67X130
Parcel#: 140200-112-420-0004-033-100
Parking: Common, On Site, Surfaced
Parking Notes: Common, On Site, Surfaced
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected
Local Schools
School District: Buffalo
Listed By / Shown By
Listing By
Agency Name: Nichol City Realty
Agency Contact: 716-480-8117
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of SMART MLS (last updated Fri 04/17/2026 5:42:53 PM EST) or New York State Alliance MLS (last updated Fri 04/17/2026 5:47:07 PM EST) or Hudson Valley Catskill Region MLS (last updated Fri 04/17/2026 5:41:29 PM EST) or My State MLS (last updated Fri 04/17/2026 5:50:20 PM EST) or Berkshire MLS (last updated Fri 04/17/2026 4:13:32 PM EST) or OneKey MLS (last updated Fri 04/17/2026 5:43:09 PM EST) or (last updated Fri 04/17/2026 5:51:22 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Choice Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
1140 E Lovejoy Street | MLS# B1673316
This commercial property located at 1140 E Lovejoy Street, Buffalo, NY 14206 is currently listed for sale with an asking price of $699,900. E Lovejoy Street is located within the Buffalo school district. Search Buffalo real estate on www.coldwellbankerchoice.com today.