Property photo 1
0 Baths
13,262 sqft

$940,000

2488 Grand Island Boulevard, Grand Island NY, 14072

Price per sqft$70.88
Built in1970
Property size13,262 sqft
Property typeCommercial

Overview

Sold

Closed

Listed Sep 13, 2024

Updated Jun 1

10% 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! Seller is open to creative financing.

Additional information

MLS® ID
B1565234

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.35 Acres

Other Property Details

Taxes
$15,094
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Nichol City Realty, Shannon L McNichol

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