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416-426 Abbott Road 416-426 Abbott Rd

14,550 SF Retail Building Buffalo, NY 14220 $800,000 ($55/SF)

Executive Summary

Located in a bustling area with high traffic, 416 and 426 Abbott Road present a fantastic opportunity to own two adjacent properties. These properties are ideal for automotive-related businesses, offering versatile space and established rental income. 426 Abbott Road is a spacious property of approximately 10,000 sq ft, featuring six ground-level garage doors (four 14 ft and two 10 ft), two lifts, and one ungrounded lift. This building also features a 2-bed 1-full bath apartment. Next door, 416 Abbott Road is a 1,000 sq ft building with two garage bays, radiant heat, and a reception area with an office and restroom. All three of these entities are newly leased by Transit Collision which, in addition to rent, pays for taxes, utilities and insurance. This combined property package provides a unique opportunity for investment or business expansion in the automotive sector. Total Sewer Tax for both parcels: $431.97. Total taxes are based on municipal records for BOTH parcels.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Auto Repair
Building Size
14,550 SF
Building Class
C
Year Built
1923
Price
$800,000
Price Per SF
$55
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.34 AC
Zoning
Commercial
Parking
30 Spaces (2.06 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

KeyBank
Rent-A-Center
Bank of America
Tim Hortons
Tops Friendly Markets
Citizens Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140200-133-320-0004-003-100
Land Assessment
$30,600
Improvements Assessment
$194,400
Total Assessment
$225,000
  • Listing ID: 31392445

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 416-426 Abbott Rd, Buffalo, NY 14220

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