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Spare Time Bowling 2850 William St 12,420 SF 100% Leased Retail Building Buffalo, NY 14227 $875,000 ($70.45/SF) 8.91% Cap Rate
INVESTMENT HIGHLIGHTS
- Central to all of WNY
- Many other uses for the building
- Strong NOI
- Immediate access to I-90
EXECUTIVE SUMMARY
Existing, successful, operational bowling alley with restaurant and bar. Long standing leagues, ample on site parking. Well maintained with newer roof and mechanicals. Owner retiring. Great building for many retail uses!! Room for expansion or outdoor patio.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
12,420 SF
Building Class
C
Year Built
1957
Price
$875,000
Price Per SF
$70.45
Cap Rate
8.91%
NOI
$78,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.23
Lot Size
1.25 AC
Zoning
05C - Commercial
Parking
50 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
150’ on William St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 143089-113-150-0001-001-000 | Improvements Assessment | $210,000 |
| Land Assessment | $185,000 | Total Assessment | $395,000 |
PROPERTY TAXES
Parcel Number
143089-113-150-0001-001-000
Land Assessment
$185,000
Improvements Assessment
$210,000
Total Assessment
$395,000
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Spare Time Bowling | 2850 William St
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