758-762 Elmwood Ave
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758-762 Elmwood Ave
18,420 SF 100% Leased Retail Building Buffalo, NY 14222 £1,337,990 (£73/SF) 7.60% Net Initial Yield
Executive Summary
Located in the heart of The Elmwood Village. 3 Retail spaces including a well-established restaurant and deli, stunningly beautiful yoga and fitness studio and recently remodeled retail space. 2 thoughtfully updated residential units above with all major appliances including in-unit washer and dryer, dishwashers and air conditioning, all tastefully arranged around a beautiful outdoor courtyard facing Elmwood Ave. To top off, there are 6 dedicated parking spots reserved for the residential and commercial tenants.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
18,420 SF
Building Class
C
Year Built
1980
Price
£1,337,990
Price Per SF
£73
Net Initial Yield
7.60%
NOI
£101,687
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
3.25
Land Acres
0.13 AC
Zoning
N-2C - Neighborhood Commercial District
Parking
1 Space (0.05 Spaces per 1,000 SF Leased)
Frontage
99 ft on Elmwood Ave
Amenities
- Courtyard
- Fireplace
- Restaurant
- Air Conditioning
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £400,771 | |
Land Assessment | £94,520 | Total Assessment | £495,291 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£94,520
Improvements Assessment
£400,771
Total Assessment
£495,291
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758-762 Elmwood Ave
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