2839 Park Ave, Buffalo, NY 14218-1518
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.
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Guarino's Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
NC · Buffalo, NYBuffalo. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.