For Sale
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Property summary
This 4,128 square foot commercial property at 1060 Englewood Avenue in Buffalo, NY, presents a unique investment opportunity. Situated on a 0.18-acre lot, the building offers a blend of occupied and vacant space. A long-term tenant currently occupies 960 square feet, generating rental income to help offset expenses. The remaining 3,168 square feet of vacant space is ready for immediate occupancy and boasts high ceilings, a prominent display window, a separate office, and an ADA-compliant bathroom. Both the occupied and vacant spaces have separate full basements and individual utility meters. The property benefits from recent upgrades, including a roof drainage system approximately six years old and a complete electrical update in 2021 for both units. A convenient side driveway leads to a grassy area at the rear of the building, offering potential for additional parking with gravel installation. The property enjoys high traffic counts and excellent walkability, making it an ideal location for a variety of commercial uses. Priced at $325,000, this property offers a compelling combination of income generation and development potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
TND · Buffalo, NYZoning
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Zoning designation
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