1472 Hertel Avenue Buffalo, NY $ 950,000
1472 Hertel Avenue
$ 950,000
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1472 Hertel Avenue

Buffalo, NY, 14216
$ 950,000
Baths0.0 Sq 8,288

Monthly Estimate*

$ 6,314

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Studio

Commercial Property for sale in Buffalo, NY

for $950,000. This 8,288 square foot building was built in 1900 on a lot size of 0.0859.

Welcome to this versatile & strategically located property on Hertel Avenue. This unique commercial building is a perfect blend of business & residential spaces, offering a turnkey investment opportunity. The ground floor is home to a thriving local restaurant with a long-term lease in place. Benefit from the bustling Hertel Avenue atmosphere that attracts diners seeking a culinary experience. The second level plus rear building features 4 apartment units, all currently leased. These residential spaces offer modern living in a prime location. Explore the potential for future growth in one of Buffalo's most sought-after neighborhoods. Diversify your portfolio with a combination of commercial & residential income streams. Please, do not disturb tenants of business without proper methods.

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Commercial Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,553

Style

Business

Lot Size

0.0859

Year Built

1900

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1515633

Features
General
Heating Gas ForcedAir
Utilities SewerAvailable
Possession CloseOfEscrow
Roof Flat
Zoning Mixed Use
Construction Materials Brick
Year Built 1900
Stories 2
Township Not Applicable
Levels Two
Property SubType Business
County Erie
Property Type CommercialSale
Subdivision Name City/Buffalo
Possible Use Other Residential
Status Active
Directions Located on the block of Hertel between Sterling Ave and Norwalk Ave.
City Buffalo
High School District Buffalo
Zoning Description Other - See Remarks
Total Units 0
MLS Area Buffalo City-140200
Lot Size Square Feet 3740.0
Waterfront Y/N No
Street Name Hertel
Year Built Details Existing
Tax Annual Amount 6553.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 70
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 350000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 22
Property Sub Type Additional Business Apartment MixedUse Commercial
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Interior
Basement Full
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Main Level Bathrooms 0
Total Baths 0
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Exterior
Total Parking 0.0
Inclusions Land and Building
Lot Size Area 0.0859
Number of Buildings 2
Building Area Total 8288.0
Lot Dimensions 34X110
Lot Size Acres 0.0859
Lot Size Units Acres
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Internal Only
Street Number 1 1472
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* Excluded Features
List By
716 Realty Group Wny Llc

Broker

(716) 864-1055

Phone

Affordability Calculator

$6,860
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$546
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$950,000 -2.56% Price Down
1/11/2024$975,000 Listed Price

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1472 Hertel Avenue, Buffalo, NY, 14216 is a Commercial Property for sale at $950,000 with 8,288 sqft and a lot size of 0.0859. 1472 Hertel Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 14216 which is in Buffalo, NY