568 Niagara St Street, Buffalo, NY 14201

$549,900
5,104
SqFt

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List Price
$549,900
Status
ACTIVE
Days on Market
294
Price Change
▼ $45,100 1776720455
MLS#
B1658118
Subtype
Commercial Sale
Year Built
1900
Living Area
5,104
Lot Size
4,488
MLS Area Major
Buffalo City

Property Description

Mixed-use building located at 568 Niagara Street, situated between Porter Avenue and Jersey Street, for sale. This price includes the business and equipment. This 5,100-square-foot property features the Nickel City Mini Mart and four residential apartments. The current gross monthly income is well below market rent, though there is significant upside as the apartments are currently under-rented to family members. Recent updates to the building include a total roof tear-off completed four years ago, as well as updated furnaces and electrical systems. Additionally, the owner recently installed a 12-foot hood with an Ansul system, adding significant value for potential food takeout operations. Building S/F is 5,100 which does not include the basement S/F of 2329 as shown in tax records.

Additional Information

Taxes
$5,730
Zoning
N-2C
Flooring
Carpet, Hardwood, Linoleum, Varies, Vinyl
Heating
Gas, Forced Air
Stories
2
Levels
Two
Roof
Asphalt
Parking Features
None
School District
Buffalo

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Listing courtesy of HUNT Commercial Real Estate Corp. of Buffalo New York. Contact: 716-854-5943