1259 Eggert Rd, Buffalo, NY 14226-4157
This exceptional 2,950 square foot storefront, located at 1259 Eggert Road in Buffalo, NY, presents a remarkable investment opportunity. Priced at $189,000 ($64.07/sq ft), this property boasts a substantial two-story building constructed in 1988. The building sits on a 7,857 square foot lot and is zoned GB. The entire 2,950 square feet is net rentable, offering ample space for a variety of retail uses. The property features all-concrete construction on both floors, providing a durable and versatile foundation. Previously operating as a dry cleaning business, the building includes all existing equipment, including laundry machines and pressing equipment, offering a turnkey opportunity for a similar business or a complete renovation. The upper floor includes a full bathroom and plumbing, presenting the potential for conversion into a large apartment. Conveniently located just one building from Main Street, the property also includes on-site paved parking for at least eight vehicles. This is a rare chance to acquire a well-maintained, established property with significant upside potential in a desirable location. The property is being sold as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.