301 Payne Ave - Showroom FOR SALE


North Tonawanda, NY 14120
$490,000 USD
716-774-8486
301 Payne Ave, North Tonawanda, NY for Sale
$490,000 USD
Showroom - FOR SALE
1/2
null | 9% Cap Rate

301 Payne Ave
North Tonawanda, NY 14120


OVERVIEW

ATTENTION INVESTORS: 9% CAP RATE!! FULLY OCCUPIED!! Completely remodeled building has two first floor commercial units and two second floor residential apartments. Each apartment includes two bedrooms, one full bathroom, kitchen, living room, and laundry room. Total rental income is $4500 per month and tenants are responsible for their individual gas and electric. Every unit was gutted to the studs and redone including but not limited to their insulation, electric, plumbing, drywall, kitchens, and flooring. Property management is in place that can transfer or cancel with the sale. This one's a "no brainer"! PRIVATE FINANCING AND OWNER HOLD OPTIONS AVAILABLE!

FOR SALE DETAILS

PRICE

$490,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08

LAND SF

3,485

ZONING

c2

APN/PARCEL ID

291200-182-079-0001-001-000

ASK ABOUT THIS PROPERTY

Carmen LaurendiHoward Hanna Real Estate ServicesMore Info
716-774-8486

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Carmen LaurendiHoward Hanna Real Estate ServicesMore Info
716-774-8486

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