Sold

365 Connecticut Street

Buffalo NY, 14213

$900,000


$101.06 per sqft

Sold

8,906 sqft

Commercial

Built in 1900

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.

B1410934

MLS ID

June 3, 2022

Listed

February 16, 2024

Updated

Map

365 Connecticut Street
Buffalo NY, 14213

Interior Features

Total Stories

3


Floor Description

Concrete, Hardwood, Linoleum, Varies, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Gas, Zoned, Forced Air

Exterior/Building Features

Lot Size

0.26 Acres


Roof

Membrane, Metal, Rubber


Sewer

Public Sewer

School Information

School District

Buffalo

Other Property Details

Area Name

Buffalo City-140200


Taxes

$10,640


Tax Frequency

Annually


Garage

No


Parking

Other, See Remarks


Parking Total

0


View

No


County

Erie


Municipality

Not Applicable


Water Source

Public


Pool

No


Zoning

N-2C


Buyer Agency Compensation

3%

 

Courtesy of Keller Williams Realty WNY, Jennifer Goetz

Disclaimer: Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Michael Silbak 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 the CNYIS, UNYREIS and WNYREIS. Real estate listings are marked with the IDX logo and include the Listing Broker’s Firm Name. 

Disclaimer: 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), Michael Silbak, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

©2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Data last updated 5:27 AM UTC, 2/16/2024

Powered byLuxury Presence