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196 Franklin St 0.63 Acres of Commercial Land Offered at $2,699,000 in Buffalo, NY 14202
EXECUTIVE SUMMARY
Exceptional Opportunity As Income Producing Parking Lots With Existing Lease And Or Possible Development Having Convenient Parking. Centrally Located in Downtown Buffalo within Walking Distance To The Theater District, Hotels, Restaurants, Nightlife And Government Buildings, This Investment Can Bring Future Dividends While Currently Bringing In Capital From Existing Lease Agreement. Corner Lot With Frontage On Franklin And W Huron, Second Lot Has Frontage On W Huron And Bean Alley, Third Lot Has Frontage On Bean Alley.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$12,289
|
$19,506.35
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$12,289
|
$19,506.35
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $12,289 |
| Annual Per AC | $19,506.35 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $12,289 |
| Annual Per AC | $19,506.35 |
PROPERTY FACTS
| Price | $2,699,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.63 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | N1D - Retail & Service, General & other | ||
| Price | $2,699,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.63 AC |
| Opportunity Zone |
Yes |
| Zoning | N1D - Retail & Service, General & other |
1 LOT AVAILABLE
Lot
| Price | $2,699,000 | Lot Size | 0.63 AC |
| Price Per AC | $4,284,126.98 |
| Price | $2,699,000 |
| Price Per AC | $4,284,126.98 |
| Lot Size | 0.63 AC |
Exceptional Opportunity As Income Producing Parking Lots With Existing Lease And Or Possible Development having Convenient Parking. 3 lots centrally Located in Downtown Buffalo.
1 1
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $461,000 | |
| Land Assessment | $305,800 | Annual Taxes | $12,289 |
| Improvements Assessment | $155,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$305,800
Improvements Assessment
$155,200
Total Assessment
$461,000
Annual Taxes
$12,289
Tax Year
2024
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196 Franklin St
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