Under contract

Active Under Contract

2488 Boulevard

Grand Island NY, 14072

$950,000


$71.63 per sqft

Under contract

Active Under Contract

13,262 sqft

Commercial

Built in 1970

11% CAP rate! Centrally located plaza on under 3 acres. (6) units total. New 30+ car parking lot 2018. New facade and metal mansard roof. 2024 new front parking lot, site work/drainage, and flat roof work. Snap Fitness TENANT has 2 brand new high efficiency furnaces and 2 new air conditioners, new exterior windows/doors, new rough plumbing for 4 bathrooms, rough electric, insulation and drywall. Dog Bar and Dog Grooming TENANTS. Warehouse TENANT has (1) large heated warehouse space approx. 4,000 sq feet that was 100% freshly painted in 2016 with garage door entrance. Unique place with a lot of opportunity for the savvy investor. Fully occupied, current gross rents are $11,300 no CAM. Rents should be higher!

B1565234

MLS ID

September 13, 2024

Listed

October 19, 2024

Updated

Map

2488 Boulevard
Grand Island NY, 14072

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Gas, Forced Air

Exterior/Building Features

Lot Size

2.35 Acres


Roof

Flat


Sewer

Public Sewer

School Information

School District

Grand Island

Other Property Details

Area Name

Grand Island-144600


Taxes

$15,094


Tax Frequency

Annually


Days on Market

36


Garage

No


Parking

Surfaced


Parking Total

48


View

No


County

Erie


Municipality

Not Applicable


Pool

No


Zoning

NBD

Listing History

Date

Event

Price

10/19/2024

Under contract

10/19/2024

Pending

 

Courtesy of Nichol City Realty, Shannon L McNichol

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