2550 Buffalo Rd
5,123 SF Retail Building Gates, NY 14624 $1,600,000 ($312.32/SF)
EXECUTIVE SUMMARY
Front and Back Parcels are Available. Price Upon Request. 1031 Exchange. 5 Useable Acres. Bordering the Expressway with Plenty of Visibility. High Traffic Volume.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$10,000
|
$1.95
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,000
|
$1.95
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,123 SF
Building Class
C
Year Built
1960
Price
$1,600,000
Price Per SF
$312.32
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
6.12 AC
Zoning
C - Commercial
Parking
90 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
314’ on Buffalo Rd
AMENITIES
- Freeway Visibility
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- No Tenant
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| No Tenant | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 262600-118-160-0001-017-000 | Total Assessment | $140,000 |
| Land Assessment | $129,000 | Annual Taxes | $10,000 ($1.95/SF) |
| Improvements Assessment | $11,000 | Tax Year | 2023 |
