4945 Southwestern Blvd Hamburg, NY 14075
- Investment properties
- 5,760 SF
- 1.80 lot acres
Current Use by Public Records
- Keiffer Southtowns Enterprises / Bathroom Remodeler / Electrician
- Style & Grace Hair co / Hair Salon
- Meraki Hair And Lashes With Julie / Hair Salon / Beauty Salon
- Duffek Occhino & Associates / Tax Preparation Service
Property Details for 4945 Southwestern Blvd
- Year built
- 1972
- Lot size
- 1.80 lot acres
- Property size
- 5,760 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 144889 170.66-2-3
- APU
- 1448891706623
Description
This exceptional commercial property, located on a high-traffic section of Southwestern Boulevard in Hamburg, NY, presents a unique investment opportunity. The 1.8-acre lot boasts 426 feet of road frontage and is zoned C-2, allowing for diverse commercial uses. The property comprises four buildings totaling 11,420 square feet, offering significant flexibility. A prominent 5,600-square-foot building features a 2,800-square-foot lower level currently configured as retail/office space (currently a salon and separate offices), and an upper level with two well-maintained 2-bedroom apartments, each including a dining room and gas fireplace. A second building, encompassing 2,800 square feet, provides additional retail and office space with ample storage. Further enhancing the property's utility are a 1,800-square-foot storage building and a 1,500-square-foot, four-bay warehouse. On-site parking accommodates up to 40 vehicles. This prime location, combined with the versatile building configurations and substantial acreage, makes this property ideal for a variety of commercial ventures. The property is offered at $2,200,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $440,000
- 7%
- $445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $350,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $405,000
- Retail
- $440,000
- Mixed-Use
- $445,000
- Hospitality
- $375,000
- Educational
- $400,000
- Residential Income
- $445,000
- Energy
- $360,000
- Income-Based Land
- $400,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Hamburg
- County
- Erie
- State
- New York
- Longitude
- -78.8489
- Latitude
- 42.7521
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
