1278 Hertel AVE Save Request In-Person Tour Request Virtual Tour
Buffalo,NY 14216
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,130 sqft
Price per Sqft $1,345
MLS Listing ID B1574580
Construction Status Existing
HOA Y/N No
Year Built 1999
Annual Tax Amount $36,000
Lot Size 0.310 Acres
Acres 0.3099
Lot Dimensions 90X150
Property Description
These 3 locations are being offered together as a package only. 1278 Hertel Ave Buffalo 14217, 136 Lakeview, Buffalo 14201, and 346 Military, Buffalo 14207. They are some of the most impressive and financially powerful laundromats available in WNY. They are near newly built out and turn key for years to come. The owner spared no expense regarding mechanical systems and infrastructure. Hertel has Dexter live to easily track sales and maintenance. Pleased do not visit the locations without an appointment. They cannot be separated and ZERO owner financing is available. Military includes two upper apartments (One unit is partially gutted and not livable, being sold as-is. One unit is the owner's living quarters and lease TBD, 12 months max). Military was built out new 1999-2000. Porter (Lakeview) was built out new in 2015. Hertel is all new from 2019. All include top of the line Dexter appliances. Brand new boiler and holding tank at Military 2025. Each location includes several accessory assets including vending machines, arcade games, auto vacuums, soap and change dispensers, and wash and fold necessities. Two locations are open 24/7 and there are 15 employees total. Grosses approx. $35k/week in revenue. Seller may hold $3m in first lien position with personal guarantee.
Location
State NY
County Erie
Area Buffalo City-140200
Zoning Commercial
Interior
Heating Gas,Forced Air
Cooling Central Air
Inclusions Land, Building and Business
Fireplace No
Exterior
Utilities Available Sewer Connected,Water Connected
Roof Type Flat
Total Parking Spaces 40
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Construction Status Existing
Schools
School District Buffalo
Others
Tax ID 140200-078-640-0003-018-100
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash
Special Listing Condition Standard