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    OFF-MARKET
    Auto shops

    2839 Park Ave, Buffalo, NY 14218-1518

    4,620 SF 0.23 ac lot Built 1945
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US63-2255428
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique investment opportunity in the thriving city of Lackawanna, New York. Located at 2839 S Park Ave, this 4,620 square foot building sits on a 0.23-acre lot, offering ample space for a variety of commercial ventures. The property boasts a rich history as a successful automotive shop for over 60 years, providing a solid foundation for continued success. Its strategic location directly across the street from the City of Lackawanna's substantial $18.5 million City Hall project positions it perfectly to benefit from increased foot traffic, visibility, and the overall revitalization of the area. The building itself is well-maintained and ready for immediate occupancy, offering significant potential for a new owner to establish or expand their business. The substantial square footage allows for diverse uses, making it an attractive option for various commercial enterprises. This is a rare opportunity to acquire a well-established property in a rapidly developing location, offering both immediate returns and long-term growth potential. The combination of history, location, and size makes this a truly exceptional commercial property. The asking price is $299,000.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1945
    Total area 4,620 SF
    Lot 0.23 ac (9,900 SF)
    Zoning code NC
    APN 140900 142.46-8-14.1
    UPID US63-2255428
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Guarino's Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    DAVID A GUARINO
    DAVID A GUARINO
    Zoning & alternative use
    NC · Buffalo, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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