1849 Abbott Road, Lackawanna, NY 14218

• 2,500 sqft

Property Description

For Sale: $550,000 Seize this exceptional investment opportunity at 1849 Abbott Rd, a 2,500 SF general retail property in a high-traffic location with excellent visibility and accessibility. Positioned just 0.3 miles from I-90, this property offers steady traffic exposure, making it an ideal income- producing asset. Investment Highlights: Price: $550,000 Cap Rate: 7.39% Building Size: 2,500 SF Building Type: General Retail Ideal Use: Convenience Store or Retail Business Traffic Count: 45,721 daily vehicles at nearby intersections 47,612 vehicles daily on I-90 (Southern Expressway) High Visibility & Accessibility: Prime corner location near a dense residential and commercial area The building was overhauled and rebuilt in 2021. Only the 2 side walls and back wall remained standing after the demolition.   New front, doors, and windows  New roof New coolers (very expensive) with long warranty New HVAC  New plumbing and electrical work New floor and tiles Nothing re-used from old store New lights New lightup sign in front of the store and large lightup billboard with letter box underneath. New cabinets, shelves, register, and counters.  New driveway painting and car stops

Listing Status:

Active

Date Added:

February 10, 2025 at 06:00AM

Listing Office:

HUNT Commercial Real Estate Corp. of Buffalo New York : 716-854-5943

Listing Agent:

Colby D Garza : 214-874-1568

MLS ID:

B1588116

Interior

• A/C: Central Air
• Heating: OtherSee RemarksForced Air
• Fireplace: Fireplaces: 0

Exterior

• Parking: Parking spaces: 10

Construction

• Roofing: OtherSee Remarks
• General: Other1

Location

• Originating MLS: NYS
• School District: Lackawanna
• County: Erie

Lot

• Zoning: 454140900-142-200-0003-004-100

Utilities

• Utilities: Sewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NYS

This listing courtesy of Colby D Garza, HUNT Commercial Real Estate Corp. of Buffalo New York