🗽COMMERCIAL SHOPPING STRIP (Grand Island)! 29 UNITS!🗽

Erie County, Grand Island, NY, 14072
Sold
Listed at: August 16th, 2023
Price
$5,700,000
Sq. Footage
92862
Type
Commercial
Parking
Assigned
Year build
1974
Lot size
10.70 acres
Bedrooms
29
Bathrooms
29
Half Bathrooms
0
Summary

Address: 2409 Grand Island Blvd, Grand Island, NY 14072

COMMERCIAL REAL ESTATE

Highly visible from Grand Island Blvd and accessibility to New York State 1-190. Current tenants include Blockbuster, M&T Bank, and Dollar General. Adjacent to Niagara Amusement Park and Splash World and Walgreens.

29 Total Units ||

  • 11 of the units are tenant occupied month to month.
  • 14 of the units are tenant occupied on a lease.
  • 4 of the units are vacant.
  • Most tenants triple net all expenses paid by tenants except CAM

Value Add Opportunity:

  • Value add is big box space that could easily double market value of plaza. Fill vacate spaces
  • Couple miles from Niagara Falls with main tourist road passing directly by plaza. Across street from Niagara Amusement Park and Splash World

Total Rent Income: $463.7k

Expenses: $30,134

ASKING: $5.7M

Call 972 499 6809 for more details



Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Equity Cash Offer

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