2824 Bailey Avenue, Buffalo, NY 14215

Property Description

Exclusively offered at 2824 Bailey Ave, Buffalo, NY, this 10,541 square foot mixed-use commercial building presents a compelling opportunity for investors or owner-users seeking a well-located asset with diversified income. Situated on 0.22+/- acres and originally constructed in 1930, the property features approximately 90 feet of frontage along Bailey Avenue with highly visible traffic-light exposure. The building is currently configured with a combination of retail and warehouse space and is occupied by 4 tenants, including a front retail corner store/market, a warehouse tenant operating an auto garage with spray booth, and a rear storage user. Basement is dry and ideal for additional storage. Additionally, the single-family residence directly behind the building is also available for purchase at an additional price, allowing for a combined acquisition or the option to purchase the commercial building individually. The single family house is currently leased. Investment opportunity with 8.5% Cap Rate