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CB Faith Ilion Office

ilion@centralnewyork.com +1(315) 574-2260

$ 549,900

Est. payment -/mo

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Price Dropped by $45K

568 Niagara St ST Buffalo, NY 14201

5,104 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,104 sqft

Price per Sqft $107

MLS Listing ID B1658118

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $5,730

Lot Size 4,488 Sqft

Lot Dimensions 34X132

Property Sub-Type Business

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.

Location

State NY

County Erie

Area Buffalo City-140200

Zoning N-2C

Direction Porter to Niagara.

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Hardwood, Linoleum, Varies, Vinyl

Inclusions Land, Building and Business

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Handicap Access Accessibility Features

Building

Lot Description Rectangular, Rectangular Lot

Building Description Frame, Private Restrooms

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

Construction Status Existing

Schools

School District Buffalo

Others

Tax ID 140200-099-830-0007-023-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by HUNT Commercial Real Estate Corp. of Buffalo New York 716-854-5943

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CB Faith Ilion Office

Broker | License ID: 30VI0627417

+1(315) 574-2260

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CB Faith Ilion Office

568 Niagara St ST Buffalo, NY 14201

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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568 Niagara St ST