715 Ridge Road Lackawanna, NY ^$ 540,000

715 Ridge Road

^$ 540,000

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715 Ridge Road

Lackawanna, NY, 14218

^$ 540,000

Studio Baths0.0 Sq 6,414

Monthly Estimate*

^$ 3,589

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Studio

Commercial Property for sale in Lackawanna, NY

for $540,000. This 6,414 square foot building was built in 1988 on a lot size of 0.08.

One of a kind opportunity to own a successful, fully equipped turn-key bar, with two renovated residential units for additional income. 22 taps, 16 air-cooled, and new glycol system. Sitting on a double lot w/brand new outdoor patio, new windows (22), and fully updated electric throughout. New furnace and AC ('22). Steps from South Park Ave in Lackawanna, 715 Ridge offers everything needed for its next owner, including 3% down FHA financing for an owner-occupant. Both apartments offer 3 bedrooms, fully updated kitchens and baths, w/full dry basement and on-site laundry. The sellers commits to outdoor facade painting and exterior improvements, if necessary for its next owner.

Commercial Active

Price

^$ 540,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,555

Style

MixedUse

Lot Size

0.08

Year Built

1988

Town/City

Lackawanna

County/Region

Erie

MLS | Web ID

B1529248

Features

General

Sewer PublicSewer

Heating Gas Baseboard

Cooling CentralAir

Utilities SewerConnected

Possession CloseOfEscrow

Roof Flat

Zoning CBD

Year Built 1988

Stories 2

Township Not Applicable

Levels Two

Property SubType MixedUse

Business Type BarTavernLounge

County Erie

Property Type CommercialSale

Subdivision Name Bcir

Possible Use Residential

Status Active

City Lackawanna

High School District Lackawanna

Zoning Description Commercial

NumberOfUnitsTotal 3

MLS Area Lackawanna-City-140900

Lot Size Units Acres

Lot Size Square Feet 3692.0

Waterfront Y/N No

Street Name Ridge

Year Built Details Existing

Tax Annual Amount 7555.0

Property Condition Resale

Lease Considered Y/N No

Days on Market 1

Standard Status Active

Middle/Junior School District Lackawanna

Elementary School District Lackawanna

Tax Assessed Value 160000

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 16

Property Sub Type Additional MixedUse

Interior

Basement Full

Total Fireplaces 0

Total Stories 2

Basement (Y/N) Yes

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix Road

Main Level Bathrooms 0

Total Baths 0

Exterior

Total Parking 0.0

Inclusions Building Only Other - See Remarks

Lot Size Area 0.08

Number of Buildings 2

Building Area Total 6414.0

Lot Dimensions 31X117

Lot Size Acres 0.08

Internal Only

Street Number 1 715

* Excluded Features

List By

Hanna Commercial

Broker

(716) 909-1375

Phone

Affordability Calculator

$4,219

Per Month

Monthly Principal & Interest: $3,589
Monthly Property Taxes: $630
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

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 Lackawanna, NY

Average List Price ^$327,560

Percent of Sale Price 39%

About Lackawanna, NY

18,264 Population

-4% Since 2002

^$36,038 Median Income

40.13 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3040635 Elementary School

3040931 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/1/2024	$540,000		Listed Price

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715 Ridge Road, Lackawanna, NY, 14218 is a Commercial Property for sale at $540,000 with 6,414 sqft and a lot size of 0.08. 715 Ridge Road is a studio with 0.0 baths and was built in 1988. The property's zip code is 14218 which is in Lackawanna, 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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715 Ridge Road

Commercial Property for sale in Lackawanna, NY

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