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1781 Hertel Ave 6,649 SF 100% Leased Retail Building Buffalo, NY 14216 $695,000 ($104.53/SF)



Executive Summary
1781 Hertel stands at the southwestern corner of Hertel and Voorhees across from the Dash's grocery store. This is a 6,649 square foot, mixed-use building currently operating as four storefronts on the first floor and 2 spacious, 3-bedroom apartments on the second floor, totaling 6 units. Gross monthly income is currently $5,425.00/month. The roof was a full tear off and is 8 years old, full basement, full attic and driveway at the rear of the building off of Voorhees.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,649 SF
Building Class
B
Year Built
1920
Price
$695,000
Price Per SF
$104.53
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.72
Lot Size
0.09 AC
Zoning
N-3C
Frontage
77’ on HERTEL AVE
Moderately walkable
70/100
Fairly drivable
50/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140200-078-750-0002-013-000 | Improvements Assessment | $369,500 |
| Land Assessment | $65,500 | Total Assessment | $435,000 |
Property Taxes
Parcel Number
140200-078-750-0002-013-000
Land Assessment
$65,500
Improvements Assessment
$369,500
Total Assessment
$435,000
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1781 Hertel Ave
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