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    FOR SALE
    Gas stations

    625 Colvin Ave, Buffalo, NY 14216

    1,196 SF 0.33 ac lot Built 1955
    Individually Owned 20-yr Hold Free & Clear
    Property ID
    US63-2567096
    625 Colvin Ave, Buffalo, NY 14216 For Sale
    $450,000 1,196 SF
    625 Colvin Ave, Buffalo, NY 14216
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    Property summary
    AI-generated overview

    This exceptional 1,196 square foot auto shop located at 625 Colvin Avenue in Buffalo, New York, presents a unique investment opportunity. Situated on a sizable lot measuring 126 feet by 117 feet, the property offers convenient access from both Colvin Avenue and Villa Avenue. The single-story building boasts 14-foot clear ceilings and ample 220/3-phase power, making it ideal for a variety of automotive uses. Previously utilized as an auto repair shop, the property is now available for $450,000, translating to a price per square foot of $376.25. All underground storage tanks have been removed. Annual property taxes are $3,000. This property's strategic location at the southeast corner of Kenmore and Colvin Avenues offers significant potential. Furthermore, there's an option to combine this property with 1082 Kenmore Avenue (not included in this listing) to create a larger development site encompassing approximately 0.67 acres (133' x 222'). This combined parcel presents an even more compelling opportunity for redevelopment or expansion. This is a rare chance to acquire a well-located commercial property in a high-traffic area of Buffalo.

    Property profile
    Verified
    Property type Gas stations
    Use group GAS STATION
    Year built 1955
    Total area 1,196 SF
    Lot 0.33 ac (14,164 SF)
    Zoning code N-3E
    APN 140200 78.41-1-41
    UPID US63-2567096
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Universal Auto Service Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Eric E Barsch · 20 yrs held
    Eric E Barsch
    since 2005
    1 recorded transaction
    2005
    Zoning & alternative use
    N-3E · Buffalo, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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