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    1238 Walden Ave Buffalo, NY 14211

    Sponsored
    For Sale
    $750,000

    Restaurant, Apartment, & Ample Parking

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional mixed-use property in Cheektowaga, NY, presents a unique investment opportunity. Located at 1238 Walden Avenue, this property boasts a newly installed steel roof, ensuring durability and weather resistance. The ground floor currently operates as a restaurant, offering immediate income potential or the flexibility for conversion to another commercial use. Upstairs, a spacious four-bedroom, one-bathroom apartment provides additional rental income or owner-occupied living space. The property also includes a four-car garage and a large parking lot with capacity for over 20 vehicles. This combination of commercial and residential space, coupled with the extensive parking, makes this a highly desirable investment. The property is situated in Erie County, NY, with convenient access to major roadways and local amenities. The asking price is $750,000. This is a rare opportunity to acquire a versatile property with significant income potential and a strong foundation for future growth. The address is 1238 Walden Avenue, Cheektowaga, NY 14211. The property is zoned for mixed-use development.

    Property Features for 1238 Walden Ave

    General Information

    Property type
    Land

    HighLights

    • $750,000 asking price.
    • Special purpose commercial land property in Cheektowaga, NY.
    • Features a restaurant space (currently occupied) and a 4‑bedroom, 1‑bath apartment.
    • Includes a 4‑car garage and a large parking lot with 20+ spaces.
    • Recently installed steel roof.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Louisiana Cookery Cajun Restaurant

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.7900904
    Latitude
    42.9075503

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    FAQs

    What type of property is this?
    Land - Restaurant, Apartment, & Ample Parking
    Where is this land located?
    The property is located at 1238 Walden Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; Special purpose commercial land property in Cheektowaga, NY.; Features a restaurant space (currently occupied) and a 4-bedroom, 1-bath apartment.
    Request Owner's contact information
    1238 Walden Ave Buffalo, NY 14211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1238 Walden Ave Buffalo, NY 14211
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