5684 Main St Williamsville, NY 14221
Prime Mixed-Use Investment Opportunity
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 369
Property Features for 5684 Main St
General Information
- Property type
- Office space
- Square Feet
- 4,931 SF
- Class
- B
- Lot Size
- 12,632 SF
Building Details
- Year Built
- 1925
- Buildings
- 2
- Stories
- 2
HighLights
- 4,931 SF of fully renovated office space in two buildings on a 0.29‑acre lot in Williamsville, NY.
- Strong NOI of $45,000 with a 5.56% cap rate and a four‑year lease term remaining.
- Gross lease structure with multi‑tenant occupancy and personal guarantees on leases.
- 13 on‑site parking spaces and MU zoning allowing for potential future residential conversion.
- Prime location in a walkable, affluent neighborhood near I‑290, with abundant shops and a dense residential population.
- Asking price: $800,000 ($157.98/SF).
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Williamsville
- County
- Erie
- State
- New York
- Longitude
- -78.7412367
- Latitude
- 42.9637658