3038 Bailey Avenue Buffalo, NY ^$ 1,489,000

3038 Bailey Avenue

^$ 1,489,000

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3038 Bailey Avenue

Buffalo, NY, 14215

^$ 1,489,000

Studio Baths0.0 Sq 3,520

Monthly Estimate*

^$ 9,896

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Studio

Commercial Property for sale in Buffalo, NY

for $1,489,000. This 3,520 square foot building was built in 1970 on a lot size of 0.3819.

Prime location for your next business. Foot traffic and branding visibility will turn this gem into a money maker. This well cared for building currently has 2 tenants and 1 fully operational laundromat. The space currently being used as a Fish and Seafood Mart pays $2,300 monthly in rent and has occupied that space for 20 years. The second space is occupied by a retail outlet currently paying $1,500 in rent. The laundromat is clean and ready for business. All the equipment and machines in the laundromat are included in the sale. Mechanics are solid and each business features individual AC units. Turn key and ready to go !

Commercial Active

Price

^$ 1,489,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,800

Style

Lot Size

0.3819

Year Built

1970

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1515698

Features

General

Sewer PublicSewer

Heating Gas ForcedAir

Cooling CentralAir

Utilities SewerConnected

Possession Closing

Roof Asphalt

Zoning Commercial

Year Built 1970

Stories 1

Township Not Applicable

Levels One

County Erie

Net Operating Income -4800.0

Property Type CommercialSale

Subdivision Name Kensington-Bailey Add #1

Status Active

Directions Kensington to Bailey

City Buffalo

High School District Buffalo

Zoning Description Commercial

NumberOfUnitsTotal 0

MLS Area Buffalo City-140200

Lot Size Units Acres

Lot Size Square Feet 16636.0

Waterfront Y/N No

Street Name Bailey

Year Built Details Existing

Tax Annual Amount 4800.0

Property Condition Resale

Lease Considered Y/N No

Days on Market 35

Standard Status Active

Middle/Junior School District Buffalo

Elementary School District Buffalo

Tax Assessed Value 180000

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 3

Interior

Total Fireplaces 0

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix Avenue

Main Level Bathrooms 0

Total Baths 0

Exterior

Total Parking 20.0

Inclusions Land Building and Business

Lot Size Area 0.3819

Number of Buildings 1

Building Area Total 3520.0

Lot Dimensions 157X300

Lot Size Acres 0.3819

Internal Only

Street Number 1 3038

* Excluded Features

List By

Buffalo First Realty Group Inc

Broker

(716) 903-8279

Phone

Affordability Calculator

$10,296

Per Month

Monthly Principal & Interest: $9,896
Monthly Property Taxes: $400
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Buffalo, NY

Average List Price ^$714,071

Percent of Sale Price 52%

About Buffalo, NY

257,543 Population

-12% Since 2002

^$34,439 Median Income

35.65 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

246920 Elementary School

247190 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/8/2024	$1,489,000	-0.67%	Price Down
1/4/2024	$1,499,000		Listed Price

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3038 Bailey Avenue, Buffalo, NY, 14215 is a Commercial Property for sale at $1,489,000 with 3,520 sqft and a lot size of 0.3819. 3038 Bailey Avenue is a studio with 0.0 baths and was built in 1970. The property's zip code is 14215 which is in Buffalo, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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3038 Bailey Avenue

Commercial Property for sale in Buffalo, NY

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