Price Reduction
Address
3038 Bailey Avenue, Buffalo, NY
Price
$ 1,489,000
Property Attributes
  • MLS#B1515698
  • TypeCommercial
  • CountyERIE
  • CityBuffalo
  • AreaBuffalo City
  • NeighborhoodKensington-Bailey Add #1
  • Zip14215
  • Style
  • Year Built1970
  • Taxes$ 4800
  • Price$ 1,489,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3520
  • Lot Size0.38191 Acres
Data Source:
Central New York Information Services (CNYIS)
Property Description

Prime location for your next business. Foot traffic and branding visibility will turn this gem into a money maker. This well cared for building currently has 2 tenants and 1 fully operational laundromat. The space currently being used as a Fish and Seafood Mart pays $2,300 monthly in rent and has occupied that space for 20 years. The second space is occupied by a retail outlet currently paying $1,500 in rent. The laundromat is clean and ready for business. All the equipment and machines in the laundromat are included in the sale. Mechanics are solid and each business features individual AC units. Turn key and ready to go !

Price History
1/4/2024 Listed $1,499,000
2/8/2024 1% - $1,489,000

General Features

Sewer PublicSewer
Heating Gas,ForcedAir
Cooling CentralAir
Utilities SewerConnected
Possession Closing
Roof Asphalt
Zoning Commercial
Year Built 1970
Stories 1
Township Not Applicable
Levels One
County Erie
Net Operating Income -4800.0
Property Type CommercialSale
Subdivision Name Kensington-Bailey Add #1
Status Active
Directions Kensington to Bailey
City Buffalo
High School District Buffalo
Zoning Description Commercial
MLS Area Buffalo City-140200
Lot Size Square Feet 16636.0
Waterfront Y/N No
Street Name Bailey
Year Built Details Existing
Tax Annual Amount 4800.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 35
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 180000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 3

Interior Features

Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue

Exterior Features

Total Parking 20.0
Inclusions Land,Building and Business
Lot Size Area 0.3819
Number of Buildings 1
Building Area Total 3520.0
Lot Dimensions 157X300
Lot Size Acres 0.3819
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 14215

Price
AVG $970K
$1.49M
Taxes
AVG $4,349
$4,800
Visits
AVG 37
43
Data Provided by Inside Real Estate®
Year Built
AVG 1934
1970

Areas We Cover

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