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Browse More Listings in Shopping Center For Sale, Kenmore, NY or New York

Shopping Center For Sale

Small Neighborhood Plaza for Sale

3199 Delaware Avenue, Kenmore, NY 14217

Price:
$890,000
Gross Leasable Area:
13,800 SF
Price/SF:
$64.49
Property Type:
Shopping Center
Property Sub-type:
Neighborhood Center
Property Use Type:
Investment
Cap Rate:
9%
Occupancy:
90%
No. Stories:
1
Tenancy:
Multiple
Find Out More...

Last Verified 11/9/2009 Listing ID 16218417

Highlights

Excellent Condition
Roof Replaced in 1994 - $120,000 new facade - New Furnace in Metro Real Estate Space
New A/C in Laundromat - HVAC in Sushi Restaurant is 4 years old

Parking lot has been recently sealed
At traffic signal
Across from Paddock Chevrolet

Description

Lot Size: 221 x 144 Building Size: 13,800 sq. ft.

Features:
" Excellent condition
" Roof replaced in 1994
" $120,000 new façade
" New furnace in Metro Real Estate Space
" New A/C in Laundromat
" HVAC in Sushi Restaurant is 4 years old
" Parking lot has been recently sealed
" At traffic signal
" Across from Paddock Chevrolet

Currently one vacancy of 1450 sq. ft.

3199 Delaware Ave, Kenmore NY between Girard Street and Columbia Ave.

" At traffic signal, " Across from Paddock Chevrolet

Attachments

Enhanced Listing Web Site

Financial Summary

Major Tenant Information

Actual
Year
2008
Scheduled Gross Income
$139,883
Operating Expenses
$60,707
Net Operating Income
$79,176

Tenant	SF Occupied	Lease Expired
Metro Real Estate	2,730	12/1/2009
Laundry Basket	2,300	7/1/2012
H & R Block	3,200	4/1/2009
Sushi	1,450	8/1/2011
Salon Avanti	2,600	3/1/2013

Map of 3199 Delaware Avenue, Kenmore, NY 14217 (Erie County)

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Contact Listing Broker

Alan Hastings (716) 886-3325 Ext: 13

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Created 5/1/2009

Additional Information for 3199 Delaware Avenue, Kenmore, NY 14217

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Shopping Center Property For Sale - Small Neighborhood Plaza for Sale

3199 Delaware Avenue, Kenmore, NY, 14217