1120 Youngs Rd - Medical FOR SALE


Williamsville, NY 14221
$1,450,000 USD
716-316-7994
1120 Youngs Rd, Williamsville, NY for Sale
$1,450,000 USD
Medical - FOR SALE
1/16
null | 7.25% Cap Rate

1120 Youngs Rd
Williamsville, NY 14221


HIGHLIGHTS

  • Single story, all brick stand alone 3 suite building, configurable to adjusting tenant needs.
  • parking for 35 + cars and ADA Accessibility
  • Fully leased for 3 years at a 7.7 CAP Rate

OVERVIEW

1120 Youngs Road presents an outstanding investment opportunity in today’s office market, a fully leased stable income-generating property. The all brick building sits on a prime .75 acre property in Williamsville and has been well built and maintained with 2 A/Cs replaced in ’21, regular maintenance to plumbing, parking & landscaping and solid construction, however, the roof is original. There are 3 distinct suites, allowing an owner to hold as investment, or occupy a sufficient space and receive additional income. This property offers a solid return with its current tenants and leases while also providing flexibility for future configurations. The strong CAP rate of 7.7% suggests a potentially lucrative investment for those looking to acquire medical office real estate. The Sellers are also selling an updated medical office property at 3612 Seneca if the purchaser wants to add to a portfolio, or have a second location.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

T-Amherst

APN/PARCEL ID

142289-056-140-0003-011-110,142289-056-140-0003-011-120

ASK ABOUT THIS PROPERTY

Edward McDermid IIIGurney Becker & BourneMore Info
716-316-7994

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Edward McDermid IIIGurney Becker & BourneMore Info
716-316-7994

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.