3991 Un Rd Cheektowaga, NY 14225-3428
- Investment properties
- 2,278 SF
- 0.12 lot acres
Current Use by Public Records
- Investment properties
Property Details for 3991 Un Rd
- Year built
- 1938
- Lot size
- 0.12 lot acres
- Property size
- 2,278 SF
- Zone code
- NS
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 143089 91.20-4-50
- APU
- 1430899120450
Description
This mixed-use property at 3991 Union Road in Cheektowaga, NY, presents a compelling investment opportunity. The 2,992 square foot building, constructed in 1938 and extensively renovated in 2016, features a storefront on the first floor and a two-unit apartment above. The building sits on a 0.124-acre lot and boasts high visibility due to its corner location on Union Road, a high-traffic area. The property includes four or more parking spaces and a handicap-accessible ramp. The ground floor, previously a successful alterations shop, offers a reception/lobby area, a main office with newer flooring, a private office/conference room, and two additional rear rooms, along with one full bathroom. The upper-level apartment, renovated in 2016, comprises three bedrooms and one bathroom, featuring a charming kitchen with newer counters and backsplash, and attractive tile and laminate flooring throughout. Significant updates completed in 2015 and 2016 include new high-efficiency furnaces and air conditioners for both units, electrical service upgrades, new doors and windows, and a new concrete driveway and patio. A new hot water heater was also installed in 2016. The property is conveniently located approximately 11 minutes from downtown Buffalo and near major retailers such as Walmart, Sam's Club, and Walgreens, as well as the Galleria Mall. The asking price is $299,000, translating to $99.93 per square foot. Currently vacant, this property offers immense potential for a variety of commercial uses and residential conversion. The building is zoned for mixed-use and is ready for immediate occupancy.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cheektowaga
- County
- Erie
- State
- New York
- Longitude
- -78.7538
- Latitude
- 42.9226
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA