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Price $1,490,000

1120 Youngs Road, Amherst, New York 14221, Amherst, New York 14221

  • Square Footage : 7,210 Sqft
  • Visits : 3 in 3 days
$1,490,000
Features
Heating System :
Gas, Forced Air
Cooling System :
Central Air
Basement :
No
Parking :
35
Parking Features :
On Site, Surfaced
Pool Expense : $0
Roof :
Asphalt
Sewer :
Public Sewer
Address Map
State :
NY
County :
Erie
City :
Amherst
Zipcode :
14221
Street : 1120 Youngs Road, Amherst, New York 14221
Floor Number : 0
Longitude : W79° 16' 29.4''
Latitude : N42° 59' 40.1''
MLS Addon
Office Name : Gurney Becker & Bourne
Accessibility Features :
No Stairs, Accessibility Features
Association Fee : $0
Bathrooms Total : 0
Building Area : 7,210 Sqft
CableTv Expense : $0
Construction Materials :
Brick
DOM : 5
Electric Expense : $0
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash
Lot Features :
Rectangular
LotSize Dimensions : 192X182
Maintenance Expense : $0
Parcel Number : 142289-056-140-0003-011-120
Special Listing Conditions :
Standard
Stories Total : 1
Utilities :
Sewer Connected
Zoning : E03 Office
AttributionContact : 716-316-7994
Property Description

1120 Youngs Road presents an outstanding investment opportunity in today’s office market, a fully leased stable income-generating property. The all brick building sits on a prime .75 acre property in Williamsville and has been well built and maintained with 2 A/Cs replaced in ’21, regular maintenance to plumbing, parking & landscaping and solid construction, however, the roof is original. There are 3 distinct suites, allowing an owner to hold as investment, or occupy a sufficient space and receive additional income. This property offers a solid return with its current tenants and leases while also providing flexibility for future configurations. The strong CAP rate of 7.7% suggests a potentially lucrative investment for those looking to acquire medical office real estate. Suite 1: ~3500 sqft inc: Reception; Admin; 5 offices; 6 sleep rooms(w/ bathrms) – mo to mo, will require 90 day notice, or may extend. Suite 2: ~1700 sqft inc: Reception; 5 offices; 2 bathrooms – Lease to 2027, may accept lease termination with notice. Suite 3: ~1700 sqft (renovated in 2022) inc: Separate entry; Waiting area; 5 offices; Bathroom – Lease to 2027, may accept termination with notice

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : B1596616
Price : $1,490,000
Square Footage : 7,210 Sqft
Year Built : 2002
Status : Active
Property Sub Type : Office
Agent info
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