524 Hinman Ave - Service Station FOR SALE


Buffalo, NY 14216
$495,000 USD
716-998-4422
524 Hinman Ave, Buffalo, NY for Sale
$495,000 USD
Service Station - FOR SALE
1/21
null | Request Cap Rate

524 Hinman Ave
Buffalo, NY 14216


HIGHLIGHTS

  • 1,644+/- SF BUILDING
  • (1) 12,000 gallon double walled steel tank
  • Double walled piping
  • 2 dispensers under 1 canopy
  • Lot Size: 0.36 Acres 160' x 98'
  • Property being Sold As-Is

OVERVIEW

Great opportunity to purchase a 1,644+/- SF unbranded Gas/Service station and former Autobody repair shop on a popular intersection with great exposure at Hinman Ave. & Military Rd. directly across from Froth Brewing & Wingnutz. Located in WNY with solid residential development surrounding location and daytime/night time activity. 1,644+/- SF space. Lot size 160' x 98'. POS system and security system on site. One 12,000 gallon double walled steel tank (3,000 gallons Premium, 9,000 gallons Regular) with double walled piping. 3 above ground oil tanks which contain used oil (heating, on-site consumption). 2 newer dispensers with 4 fueling stations under 1 canopy. Pole sign on the street. Plenty of space for parking. This former Autobody repair shop is plenty of space to convert into a convenience store. All equipment available for an additional price. Seller is willing to hold papers with a sizable down payment. Very favorable 10 year Product Supply Agreement. Property is being Sold As-Is. Located on Hinman Avenue between Elmwood Ave. and Military Rd. Many area retailers including Tops Supermarket, ALDI Foods, The Home Depot, Wendy's, Tim Horton's, Target, Price Rite Marketplace, PetSmart, Party City, Five Below. Easy access to NYS Thruway I-90 and Route 33 Kensington Expressway.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Citgo

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,680 SF

ZONING

D-S

APN/PARCEL ID

140200-077-430-0005-009-100

ASK ABOUT THIS PROPERTY

Rick RecckioRecckio Real Estate & Development Inc.More Info
716-998-4422

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Rick RecckioRecckio Real Estate & Development Inc.More Info
716-998-4422

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