6224 Transit Rd, Depew, NY 14043-1027

This 7,560 square foot retail property in Depew, NY, presents a compelling investment opportunity. Located on Transit Rd, it benefits from high visibility and traffic flow between Cheektowaga and Lancaster. Currently vacant, the property features two separate 2,078 square foot rentable units, offering flexibility for single or multi-tenant occupancy. The building, constructed in 1960, has undergone recent improvements, including a two-thirds roof replacement in 2021 and newer stone facade and vinyl siding. The property includes 10 parking spaces and sits on a 7,560 square foot lot, zoned O5C. With a net operating income (NOI) of $25,170 and an asking price of $274,900, this property boasts a 9.16% cap rate. The property's versatile layout and prime location make it ideal for a variety of retail uses. This is a rare opportunity to acquire a well-maintained, high-traffic retail space with significant upside potential. The property is ready for immediate occupancy.