SQUARE FEET4,824
MLS#B1656519
STATUSPending
PROPERTY TYPECommercial - Office
SUBDIVISIONBuffalo Crk Reservation
SCHOOLBuffalo
Property Description
Fantastic investment opportunity for this Mixed-Use building in the heart of South Buffalo's Cazenovia Park neighborhood! Located right on Seneca street, and within walking distance to the park, as well as numerous other shops, restaurants, and theaters. Both apartments and the retail space are tenant occupied, with below market rents, generating over $34,000 in gross revenue. Projected revenue is $43,200. This property offers a 8.63% cap rate at the projected revenue, and 6.40% with the current revenue. Within the past 5 years: new roof, restored bathrooms, updated plumbing, two new furnaces, one a/c unit, and one hot water tank. The upper unit has a restored kitchen, newer windows, and solid surface countertops. New facade, updated commercial windows, and new exterior paint, including a charming mural! Sale of this property includes the vacant lot next door, which has great potential for expansion, development, or a parking lot. Can also be sold as a bundle with four additional investment properties on Seneca Street: MLS# 1657116
Property Features
Property Type: Commercial - Office
Basement: Full
Cooling: Central Air
Heating: Gas, Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $2,956
Year Built: 1856
Feature Descriptions
Days on Site: 148
Exterior: Block
Flooring: Hardwood, Linoleum, Varies, Vinyl
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 35X122
Parcel#: 140200-133-340-0003-029-000
Parking: On Site
Parking Notes: On Site
Sewer: Public Sewer
Units: 3
Utilities: Sewer Connected, Water Connected
Water: Public
Local Schools
School District: Buffalo
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty WNY
Agency Contact: 716-316-6664
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:
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2322 Seneca Street | MLS# B1656519
This commercial property located at 2322 Seneca Street, Buffalo, NY 14210 is currently listed for sale with an asking price of $249,900. Seneca Street is located within the Buffalo school district. Search Buffalo real estate on www.coldwellbankerchoice.com today.