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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.
New HVAC System. 10+ parking spaces plus garage space. Zoned Central Business District. Less than 10 minutes to downtown Buffalo.
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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