2430 Bowen Rd 7,720 SF 100% Leased Office Building Elma, NY 14059 $1,000,000 ($129.53/SF) 6.60% Cap Rate

Location, Location!! This property is a CASH COW in a growing suburb of Buffalo,NY. Tenants have been long term who love the building environment and convenient location with access to a bus route , walking distance to restaurants, bank and essential businesses. An easy 20 minute drive to Buffalo,NY and a 5 minute drive south to the quaint town of East Aurora. This 7300 sq ft commercial / residential building ( mixed use ) located in the heart of Elma Center which sits on 1.25 acres. There are 4 office spaces on the first floor and 3 apartments on the second floor. All spaces have been renovated and updated. There is a 2 car garage which occupies a portion of the first floor. The septic system has a new filter bed. The roof was redone in 2005 and I was told by the roofer that it has a 40 yr lifespan.