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22076875
22076890

1430 Colvin Blvd, Buffalo, NY 14223 For Sale

HUNT Commercial
HN
NY 10301212311
HUNT Commercial
Listed by HUNT Commercial
$900,000
511 days on market
Updated 1 day ago

1430 Colvin Blvd

Details
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 3,821
Units 1
Cap Rate 8.15%
NOI $73,316
Occupancy 100%
Tenancy Single
Class C
Year Built 1979
Buildings 1
Stories 1
Lot Size (SqFt) 17,545
Zoning A
Parking Spaces 20 spaces
Parking per 1,000 SqFt 5.23

Investment opportunity

Marketing description

Presenting a compelling investment opportunity in the Buffalo area, this fully leased 3,821 SF building, constructed in 1979 and zoned A, offers a secure income stream with the current agreement set to expire in approximately five years. Ideal for investors seeking stability and potential, as well as longer-term owner/users looking to secure a prime asset, this property embodies lasting value and opportunity. With 100% occupancy and versatile spaces designed to meet modern tenant needs, this offering is perfectly positioned to capitalize on the thriving commercial landscape in the Buffalo area.

Nestled in the vibrant community of the Town of Tonawanda and the charming North Buffalo area, this location offers a unique blend of urban convenience and suburban appeal. Just a stone's throw from the bustling downtown area, tenants will have access to a wide array of dining, shopping, and entertainment options. The property is also conveniently situated near major transportation routes and public transit, making it easily accessible for employees and clients. Embrace the dynamic business environment of North Buffalo and the Town of Tonawanda, where the entrepreneurial spirit thrives and a rich tapestry of cultural experiences awaits. This prime location presents an exciting opportunity to be part of the thriving commercial landscape in this vibrant and diverse community.

Investment highlights

  • 3,821 SF building ideal for office or medical use
  • Constructed in 1979, offering solid construction and longevity
  • Zoned A, providing flexibility for various potential uses
  • Prime location in the thriving Buffalo area
  • Fully leased with 100% occupancy, ensuring immediate income
  • Well-maintained property ready for immediate investment
  • Versatile spaces designed to meet modern tenant needs
  • Potential for long-term stability and strong returns
  • Ideal for investors seeking a secure income stream
  • Perfect opportunity for a longer-term owner/user
  • Positioned to capitalize on the thriving commercial landscape

Listing Contacts

HUNT Commercial
HN
NY 10301212311
HUNT Commercial
Listed by HUNT Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,315.66
$6,109.64/mo

Valuation Metrics

0
DSCR
8.15%
Cap Rate
8.15%
ROI

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