365 Connecticut Street

Buffalo, NY, 14213

$1,085,000

$121 per ft²
$1,085,000
$121 per ft²
Pending
Pending
 - For Sale
carpenters-square
8,906 ft²
property_type
Commercial
calendar
Built 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.
MLS® ID:
B1410934
Listed:
6/2/22
Updated:
1/28/23
Buffalo Real Estate
Michael Silbak

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Concrete, Hardwood, Linoleum, Varies, Vinyl
Cooling
Central Air
Heating
Gas, Zoned, Forced Air

Exterior/Building Features

Lot Size
0.26 acres lot
Roof
Membrane, Metal, Rubber

School Information

High School
Buffalo
Elementary School
Buffalo

Other Property Details

Area Name
Buffalo City-140200
Taxes
$10640
Tax Frequency
per YEAR
Garage
No
Parking
Other, See Remarks
View
N
County
Erie
Pool
No
Total Stories
3
Zoning
N-2C
Sub Agency Compensation
3
Buyer Agency Compensation
3
Transaction Broker Compensation
3

Property History

Date
Event
Price
Value
6/27/22
Pending
-
-
6/23/22
Active Under Contract
-
-
6/22/22
Pending
-
-

 

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.

©2023 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Data last updated 10:56 PM UTC, 1/28/23

Buffalo Real Estate
Michael Silbak
Contact