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561 Ridge Rd 5,721 SF Office Building Lackawanna, NY 14218 $199,000 ($34.78/SF)
Investment Highlights
- 9 Professional offices on 1st floor with 3 bathrooms and kitchenette
- Value add on the 2nd floor
- New HVAC System
- Investment opportunity, currently producing income
- Renovated basement
- 10+ parking spaces plus garage space
Executive Summary
9 Professional offices on 1st floor with 3 bathrooms and kitchenette. Investment opportunity, currently producing income. Value add on the 2nd floor. Renovated basement.
New HVAC System. 10+ parking spaces plus garage space. Zoned Central Business District. Less than 10 minutes to downtown Buffalo. Possible seller financing.
New HVAC System. 10+ parking spaces plus garage space. Zoned Central Business District. Less than 10 minutes to downtown Buffalo. Possible seller financing.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,721 SF
Building Class
C
Year Built
1990
Price
$199,000
Price Per SF
$34.78
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,861 SF
Building FAR
0.44
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
10 Spaces (1.75 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 140900 142.37-4-6.1 | Improvements Assessment | $130,800 |
| Land Assessment | $19,200 | Total Assessment | $150,000 |
Property Taxes
Parcel Number
140900 142.37-4-6.1
Land Assessment
$19,200
Improvements Assessment
$130,800
Total Assessment
$150,000
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561 Ridge Rd
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