4490 Lk Ave Blasdell, NY 14219-1235
- Gas stations
- 2,500 SF
- 0.80 lot acres
Current Use by Public Records
- Kwik Fill / Gas Station
- Bethford Auto & Tire / Auto Repair Shop
Property Details for 4490 Lk Ave
- Year built
- 1986
- Lot size
- 0.80 lot acres
- Property size
- 2,500 SF
- Zone code
- C2
- Property type
- Gas stations
- APN
- 144889 151.15-9-1
- APU
- 1448891511591
Description
This exceptional turn-key retail investment opportunity in Buffalo, NY, presents a unique blend of established businesses under one roof. Located at 4490 Lake Ave, this 5,700 square foot property sits on a 0.8-acre lot and boasts a thriving gas station with eight pumps, a fully operational convenience store, and a well-established auto repair shop. The property also includes an operating car wash, adding further diversification to its income streams. Financial details are available upon request with a non-disclosure agreement. The asking price is $1,400,000, translating to $245.61 per square foot. The seller is open to a sale-leaseback arrangement for the auto repair portion of the business, offering flexibility for potential buyers. This property represents a strong cash-flowing investment with significant upside potential, ideal for an owner-operator seeking a diverse and established business portfolio. The property is located in Erie County, NY, zip code 14219. This is a rare opportunity to acquire a multi-faceted business in a high-traffic location. The property's diverse revenue streams provide a strong foundation for future growth and profitability. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $540,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $655,000
- 6.5%
- $580,000
- 7%
- $670,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $590,000
- Geo Method
- $715,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $725,000
- Retail
- $710,000
- Mixed-Use
- $640,000
- Hospitality
- $600,000
- Educational
- $660,000
- Residential Income
- $630,000
- Energy
- $590,000
- Income-Based Land
- $560,000
- Food Service
- $735,000
Location Insight
- Map
- Local Demand
- City
- Blasdell
- County
- Erie
- State
- New York
- Longitude
- -78.8115
- Latitude
- 42.7972
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA