524 Hinman Ave Buffalo, NY 14216
- Gas stations
- 1,622 SF
- 0.36 lot acres
Current Use by Public Records
- David P Jensen Citgo / Convenience Store / Gas Station
- Go Gas Outlet / Gas Station
Property Details for 524 Hinman Ave
- Year built
- 1920
- Lot size
- 0.36 lot acres
- Property size
- 1,622 SF
- Zone code
- D-S
- Property type
- Gas stations
- APN
- 140200 77.43-5-9.1
- APU
- 1402007743591
Description
This 1,644+/- square foot vacant gas station and former autobody shop presents a compelling investment opportunity in Buffalo, NY. Located on a high-traffic intersection at Hinman Ave and Military Rd, the property boasts excellent visibility across from established businesses like Froth Brewing and Wingnutz. The 0.36-acre lot (160' x 98') includes a 12,000-gallon double-walled steel fuel tank with double-walled piping, two newer dispensers with four fueling stations under one canopy, and a street-facing pole sign. Three above-ground tanks store used oil. A point-of-sale system and security system are already in place. The existing building offers ample space for conversion into a convenience store, with the potential to leverage the existing infrastructure. All equipment is available for an additional price. The seller is open to financing options with a substantial down payment, and a favorable 10-year product supply agreement is in place. The property is sold as-is. This location benefits from strong residential development and high daytime/nighttime activity, with proximity to major roadways (I-90 and Route 33) and numerous retail establishments including Tops, Aldi, Home Depot, and more. The property is zoned commercial.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8892
- Latitude
- 42.9563
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
