65 Grant St - Storefront FOR SALE


Buffalo, NY 14213- Grant Ferry
$1,200,000 USD
716-998-4422
65 Grant St, Buffalo, NY for Sale
$1,200,000 USD
Storefront - FOR SALE
1/24
null | Request Cap Rate

NEW


65 Grant St
Buffalo, NY 14213
Grant Ferry


HIGHLIGHTS

  • 10,442+/- SF Mixed-Use Building
  • Built in 1915
  • Zoned Commercial
  • Prime location in Buffalo

OVERVIEW

10 short years ago, This Classic Building was lovingly restored, re-designed and updated to become a neighbor anchor and source of pride. There are 3 store fronts (two are occupied by the salon) with strong, long term tenants and 4 apartments on the second floor. Assemblyman's office has 3 more years on their 10 year lease and is a professionally designed space with 6 offices, Kitchenette, Conference Room, Lobby and 2 bathrooms. The salon space is bright and crisp with plenty of seating for guests and room to expand. Each spacious and welcoming apartment has 3 bedrooms, in-unit laundry and Central Air Conditioning. Each boasts updated bathrooms, newer flooring , kitchens and appliances. Updated windows and electric service throughout. Large (two sided) Basement houses newer furnaces and water tanks for all units with access through the rear and the salon. Each side has sump pump. All tenants have separate utilities. Turn Key. Projected cap rate with full occupancy 9.07% with potential to increase. Two apartments have been recently refreshed and ready for occupancy. Centrally located to all the City of Buffalo has to offer. Close Proximity (5 minute drive) to the Peace Bridge to Canada. High Traffic with plenty of street parking.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,820 SF

ZONING

N-2C

APN/PARCEL ID

140200-099-350-0005-001-000

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.