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365 Connecticut Street

Buffalo, NY 14213
  • $1,085,000
  • STATUS: Pending
  • ON SITE: 24 Days
  • MLS #: B1411026
Pending
UPDATED: 44 min ago
$1,085,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,906
    SQFT
  • $122
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1900
County:

School Ratings & Info

School District:

Description

Incredible investment opportunity in thriving West Side of Buffalo. This mixed-use, mostly brick commercial property has abundant cash flow possibilities. Ideal location close to I-190 and Canada, walking distance to shops, restaurants & conveniences. Turnkey, top notch restaurant space, outdoor restaurant garden/patio with seating, 1 retail space, 4 residential apartments, consisting of 2 two bedroom and 2 one bedroom units and 2 lots. Combined parcels create a remarkable 15,922 sq ft of development opportunity. The restaurant space has been completely reconstructed with $600K+ worth of improvements including: 3 phase electric at the pole, new electric, new water main, new gas line, plumbing, asbestos abatement, hot water, HVAC, hood systems, state of the art kitchen, 3 walk-in coolers, 1 walk-freezer, LED lighting, repair work on rubber roof, new metal roof, 31x42 addition, fencing, lot drainage and landscaping, front windows, patio.This is a fantastic restaurateur opportunity to run your business and develop the residential and retail space to cover your debt service. In addition, this would make a fantastic addition to any real estate portfolio! Proforma is attached.

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©2022 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor BridgeView Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than BridgeView Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-06-29T17:15:13.57.
www.bridgeviewny.com/homes/129522614
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365 Connecticut Street Buffalo, NY 14213

  • Price: $1,085,000
  • Status: Pending
  • On Site: 24 Days
  • Updated: 44 min ago
  • MLS #: B1411026
0
Beds
0
Baths
0
½ Baths
0.26
Acres
8,906
SQFT
$122
$/SQFT
1900
Built
Neighborhood:
West Side
County:
Erie
Area:
Buffalo City-140200
School District:
Buffalo
Property Description
Incredible investment opportunity in thriving West Side of Buffalo. This mixed-use, mostly brick commercial property has abundant cash flow possibilities. Ideal location close to I-190 and Canada, walking distance to shops, restaurants & conveniences. Turnkey, top notch restaurant space, outdoor restaurant garden/patio with seating, 1 retail space, 4 residential apartments, consisting of 2 two bedroom and 2 one bedroom units and 2 lots. Combined parcels create a remarkable 15,922 sq ft of development opportunity. The restaurant space has been completely reconstructed with $600K+ worth of improvements including: 3 phase electric at the pole, new electric, new water main, new gas line, plumbing, asbestos abatement, hot water, HVAC, hood systems, state of the art kitchen, 3 walk-in coolers, 1 walk-freezer, LED lighting, repair work on rubber roof, new metal roof, 31x42 addition, fencing, lot drainage and landscaping, front windows, patio.This is a fantastic restaurateur opportunity to run your business and develop the residential and retail space to cover your debt service. In addition, this would make a fantastic addition to any real estate portfolio! Proforma is attached.
Exterior Features

Architectural Style Fourplex Construction Materials BrickStone Lot Features Near Public Transit Parking Features OtherSee Remarks Road Frontage Type Main Thoroughfare Roof MembraneMetalRubber Waterfront YN No

Interior Features

Appliances Gas Water Heater Basement Full Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring HardwoodOtherSee RemarksVaries Foundation Details Stone Heating GasForced AirWall Furnace Heating YN Yes Interior Features Natural Woodwork

Property Features

Accessibility Features Accessibility FeaturesAccessible Doors Business Type Mixed Listing Terms CashFhaRehab Financing Possession Close Of Escrow Property Sub Type Mixed Use Sewer Connected Special Listing Conditions Standard Tax Annual Amount 10200 Utilities Sewer ConnectedWater Connected Water Source ConnectedPublic Zoning Description Residential Multi Use

Chautauqua-Cattaraugus Board Of Realtors logo Listing information © 2022 CNYIS, GENRIS, WNYREIS. Listing provided by Jennifer Goetz of Keller Williams Realty Wny : 716-832-3300.
©2022 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor BridgeView Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than BridgeView Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-06-29T17:15:13.57.
 
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