Listed by Maltz Auctions
Unpriced
BANKRUPTCY AUCTION: 6/24. Prime Downtown Mixed-Use Bldg
Details
Property Type Retail, Multifamily
Square Footage 26,900
Units 4
Tenancy Multi
Acreage 0.330
Zoning D2 (High Density DT)
Investment Type Value Add
Ground Lease No
Sale Condition Distressed
Fully Occupied Retail | 26,900 SqFt
Marketing description
26,900+ Sq Ft Mixed Use Building + Full 14,600+ Sq Ft Basement
Block-Through Building: Frontage on Webster & Manhattan
3 Commercial Spaces (Fully Occupied)
4 Residential Units Totaling 5,000+ Sq Ft (Stalled Renovation - Vacant)
Situated in the heart of the Revitalized Webster Street Entertainment/Shopping District & Revitalized Waterfront
surrounded by Specialty Shopping, Restaurants, Entertainment, Bars & Arts and Cultural Establishments
Across Street from Riviera Theater
12 Miles to Niagara Falls State Park
Investment highlights
- 26,900+ Sq Ft Mixed Use Building + Full 14,600+ Sq Ft Basement
- Block-Through Building: Frontage on Webster & Manhattan
- 3 Commercial Spaces (Fully Occupied)
- 4 Residential Units Totaling 5,000+ Sq Ft (Stalled Renovation - Vacant)
- Situated in the heart of the Revitalized Webster Street Entertainment/Shopping District & Revitalized Waterfront
- surrounded by Specialty Shopping, Restaurants, Entertainment, Bars & Arts and Cultural Establishments
- Across Street from Riviera Theater
- 12 Miles to Niagara Falls State Park
- Public Water, Sewer, Gas & Electric
- 3 Gas Meters (Expandable for Additional Residential & Commercial Tenants)
- 4 Electric Meters (Each Existing Commercial Space & Basement) Plus 5 Additional Slots for Residential & Commercial Tenants
- Fully Sprinklered Building (2nd Floor Installed, needs to be Connected to System)
- Grease Collection/Pump Out System for Restaurant Located in Basement
- Individual HVAC for Each Tenant
- 14,685 SQ Ft Building Footprint (89' x 165')
- Zoning: D2 (High Density DT)
- Annual Real Estate Taxes: $10,749.77
Listing Contacts
Listed by Maltz Auctions
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