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Price $6,900,000

1278 Hertel Avenue, Buffalo, New York 14216, Buffalo, New York 14216

  • Square Footage : 5,130 Sqft
  • Visits : 17 in 14 days
$6,900,000
Features
Heating System :
Gas, Forced Air
Cooling System :
Central Air
Parking :
40
Pool Expense : $0
Roof :
Flat
Sewer :
Public Sewer
Address Map
State :
NY
County :
Erie
City :
Buffalo
Zipcode :
14216
Street : 1278 Hertel Avenue, Buffalo, New York 14216
Floor Number : 0
Longitude : W79° 8' 20.9''
Latitude : N42° 56' 52.8''
MLS Addon
Office Name : Nichol City Realty
Association Fee : $0
Bathrooms Total : 0
Building Area : 5,130 Sqft
CableTv Expense : $0
Construction Materials :
Block
DOM : 24
Electric Expense : $0
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash, Conventional
LotSize Dimensions : 90X150
Maintenance Expense : $0
Parcel Number : 140200-078-640-0003-018-100
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
Zoning : Commercial
AttributionContact : 716-480-8117
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 cannot 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. 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. $35k/week in revenue. Seller may hold $3m in first lien position with personal guarantee.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : B1574580
Price : $6,900,000
Square Footage : 5,130 Sqft
Year Built : 1999
Lot Area : 13,500 Sqft
Status : Active
Agent info
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