Pending
365 Connecticut Street, Buffalo, New York NY14213
Listing IDB1411026
8,906 SqFt 0.258 Acres
$1,085,000
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.
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