$550,000

1849 Abbott Road, Lackawanna, NY 14218

  • 2,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $220/sqft
  • Property List Date Icon Listed 8 months ago

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
  • A/C: Central Air
  • Heating: OtherSee RemarksForced Air
  • Fireplace: Fireplaces: 0
  • Parking: Parking spaces: 10
  • Roofing: OtherSee Remarks
  • General: Other1
  • Originating MLS: NYS
  • School District: Lackawanna
  • County: Erie
  • Zoning: 454140900-142-200-0003-004-100
  • Utilities: Sewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: NYS

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

Monthly Payment

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

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Location

Schools Nearby

T

Truman Elementary School

15 Inner Dr, Buffalo, NY, 14218

Grades PK-1

0.59 miles away

L

Lackawanna Middle School

550 Martin Rd, Buffalo, NY, 14218

Grades 6-8

0.28 miles away

L

Lackawanna High School

550 Martin Rd, Buffalo, NY, 14218

Grades 9-12

0.28 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.

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