$6,500,000

1278 Hertel Avenue, Buffalo, NY 14216

  • 5,130 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,267/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

These 3 locations are being offered together as a package only. 1278 Hertel Ave Buffalo 14217, 136 Lakeview, Buffalo 14201, and 346 Military, Buffalo 14207. They are some of the most impressive and financially powerful laundromats available in WNY. They are near newly built out and turn key for years to come. The owner spared no expense regarding mechanical systems and infrastructure. Hertel has Dexter live to easily track sales and maintenance. Pleased do not visit the locations without an appointment. They CAN be separated and ZERO owner financing is available. Military includes two upper apartments (One unit is partially gutted and not livable, being sold as-is. One unit is the owner's living quarters and lease TBD, 12 months max). Military was built out new 1999-2000 and all the equipment was replaced 2023. Porter (Lakeview) was built out new in 2015. Hertel is all new from 2019. All include top of the line Dexter appliances. Brand new boiler and holding tank at Military 2025. Each location includes several accessory assets including vending machines, arcade games, auto vacuums, soap and change dispensers, and wash and fold necessities. Two locations are open 24/7 and there are 15 employees total. Grosses approx. $30k/week in revenue.

Listing Status:
Active
Date Added:
October 28, 2024 at 05:00AM
Listing Office:
Nichol City Realty : 716-288-5484
Listing Agent:
Shannon L McNichol : 716-480-8117
MLS ID:
B1574580
  • A/C: Central Air
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • Parking: Parking spaces: 40
  • Roofing: Flat
  • General: Block2
  • Originating MLS: NYS_B
  • School District: Buffalo
  • County: Erie
  • Zoning: Commercial140200-078-640-0003-018-100
  • Utilities: Sewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: NYS_B

This listing courtesy of Shannon L McNichol, Nichol City Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

PS 81

140 Tacoma Ave, Buffalo, NY, 14216

Grades PK-8

0.44 miles away

P

PS 81

140 Tacoma Ave, Buffalo, NY, 14216

Grades PK-8

0.44 miles away

M

McKinley Vocational High School

1500 Elmwood Ave, Buffalo, NY, 14207

Grades 9-12

1.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.