1278 Hertel Avenue, Buffalo, NY 14216

$4,600,000
5,130
SqFt

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Sold Price
$4,600,000
List Price
$4,900,000
Status
CLOSED
MLS#
B1574580
Closing Date
May 06, 2026
Year Built
1999
Stories
2
Acres
0.31
Living Area
5,130
Region
Buffalo City

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 CAN 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 and all the equipment was replaced 2023. 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. $30k/week in revenue.

Additional Information

Taxes
$36,000
School District
Buffalo
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Nichol City Realty. Contact: 716-480-8117

Selling Office: Nichol City Realty.