504 Central Ave - Medical FOR SALE


Dunkirk, NY 14048
$1,400,000 USD
716-913-7107
504 Central Ave, Dunkirk, NY for Sale
$1,400,000 USD
Medical - FOR SALE
1/35
null | 10.78% Cap Rate

504 Central Ave
Dunkirk, NY 14048


HIGHLIGHTS

  • Fully occupied medical building
  • Corner lot location
  • Western New York Urology, Chautauqua Medical Services (GLPP) Great Lakes Physician Practice

OVERVIEW

A fully occupied Medical Office Building. Purchased in 2010 and renovated to accommodate medical offices including an elevator in 2015. Renovations cost $1,075,000. The building is frame and masonry construction approximately 8440 sq ft on a lot 155 x 199 approximately 71% of an acre. A corner lot having curb cuts on both Central and 5th Street with parking for 31 cars at a signaled intersection. This Medical Office Building is located across the street from Brooks Memorial Hospital and is in a vibrant Residential Area and Business District. The building backs up to the Dunkirk Historical Society, Washington Park recreational area), The Dunkirk Library, across the street and behind Brooks Memorial Hospital is the Dunkirk Middle School. This building may be purchased with 37 West Main Street in Fredonia for an additional $715,000, a mixed use Medical and Retail Building by the same owner.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

10.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

CBD

APN/PARCEL ID

060300-079-018-0004-003-000

ASK ABOUT THIS PROPERTY

Ronald Gunner TronoloneHunt Commercial Real EstateMore Info
716-913-7107

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Ronald Gunner TronoloneHunt Commercial Real EstateMore Info
716-913-7107

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