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    282 Central Ave Salamanca, NY 14779

    Sponsored
    For Sale
    $350,000

    Thriving C-Store, Pizzeria, Redemption Center

    Property size:
    4,511 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 4,511+/- square foot retail building in Salamanca, NY. The property, built in 1930, encompasses a single-story, Class B convenience store, pizzeria, and bottle and can redemption center, all operating under one roof. The sale includes the building and all equipment, ensuring a smooth transition for the new owner. Situated on a 0.41-acre lot, the property boasts ample parking via a large driveway and a prominent pole sign for enhanced visibility. This prime location within a vibrant commercial district offers easy access to various amenities, including restaurants, retail, and recreational facilities. Its proximity to the Seneca Allegany Resort & Casino and the Salamanca Rail Museum ensures consistent foot traffic and customer base. The property's strong existing business and strategic location in Salamanca, Cattaraugus County (zip code 14779) make it an attractive investment opportunity. The asking price is $350,000. This is a turnkey operation ready for a new owner to step in and continue the success.

    Property Features for 282 Central Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,511 SF
    Class
    B
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1930
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 4,511 SF building for sale.
    • Building and equipment included in sale.
    • Ample parking available.
    • Prominent pole sign included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Salamanca
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.694694325205
    Latitude
    42.165954612192

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - Thriving C-Store, Pizzeria, Redemption Center
    Where is this individual retail property located?
    The property is located at 282 Central Ave Salamanca, NY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 4,511 SF building for sale.; Building and equipment included in sale.; Ample parking available.
    Request Owner's contact information
    282 Central Ave Salamanca, NY 14779
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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
    282 Central Ave Salamanca, NY 14779
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