1120 Youngs RD Active Save Request In-Person Tour Request Virtual Tour
Amherst,NY 14221
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 7,210 sqft
Price per Sqft $180
MLS Listing ID B1596616
Construction Status Existing
HOA Y/N No
Year Built 2002
Annual Tax Amount $29,343
Lot Size 0.780 Acres
Acres 0.78
Lot Dimensions 192X182
Property Sub-Type Office
Property Description
1120 Youngs Road presents an outstanding investment opportunity in today's office market, a fully leased stable income-generating property. The all brick building sits on a prime .75 acre property in Williamsville and has been well built and maintained with 2 A/Cs replaced in '21, regular maintenance to plumbing, parking & landscaping and solid construction, however, the roof is original. There are 3 distinct suites, allowing an owner to hold as investment, or occupy a sufficient space and receive additional income. This property offers a solid return with its current tenants and leases while also providing flexibility for future configurations. The strong CAP rate of 7.7% suggests a potentially lucrative investment for those looking to acquire medical office real estate. Suite 1: ~3500 sqft inc: Reception; Admin; 5 offices; 6 sleep rooms(w/ bathrms) - mo to mo, will require 90 day notice, or may extend. Suite 2: ~1700 sqft inc: Reception; 5 offices; 2 bathrooms - Lease to 2027, may accept lease termination with notice. Suite 3: ~1700 sqft (renovated in 2022) inc: Separate entry; Waiting area; 5 offices; Bathroom - Lease to 2027, may accept termination with notice
Location
State NY
County Erie
Area Amherst-142289
Zoning E03 Office
Direction Maple to Youngs, head North.
Rooms
Basement None
Interior
Heating Gas,Forced Air
Cooling Central Air
Inclusions Land and Building
Fireplace No
Exterior
Utilities Available Sewer Connected
Roof Type Asphalt
Handicap Access Accessibility Features,No Stairs
Total Parking Spaces 35
Building
Lot Description Rectangular,Rectangular Lot
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Brick
Construction Status Existing
Schools
School District Williamsville
Others
Tax ID 142289-056-140-0003-011-120
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard