Amherst, NY 14221,1120 Youngs RD
Amherst, NY 14221,1120 Youngs RD
Amherst, NY 14221,1120 Youngs RD
Amherst, NY 14221,1120 Youngs RD
Amherst, NY 14221,1120 Youngs RD
Amherst, NY 14221,1120 Youngs RD
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$ 1,299,000
Est. payment | /mo

7,210 SqFt


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$ 1,299,000
Est. payment | /mo
Save

7,210 SqFt

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

Listed by Gurney Becker & Bourne 716-316-7994

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1120 Youngs RD

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