Active

89-103 Norris Street
Buffalo, NY 14207

$750,000
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Property Description

Are you looking for your next investment? Look no further; Welcome to 89-103 Norris St located in the heart of Buffalo, located one block away from the corner of Elmwood Ave & Hertel Ave. This property offers just under 12,000SqFt located on just under half of an acre. This property features 2 buildings that are connected by hallway and are currently divided into 4 separate units all of which have private entrances, centralized bathrooms, and ample parking for each. The units could easily be converted back into large spaces. Three of the four units are owner-occupied and will be delivered vacant at closing. The tenant occupied unit is occupied by a boxing gym. They are paying $3,000.00 per month on a month to month lease agreement, they would like to stay and are willing to sign a long term lease. There are 4 garage doors on the property, measurements are (10'x9') (10'x10') (15'x9') and (14'x10'). Endless opportunities with this property. This building fully occupied should rent for $10,500 per month conservatively. 3 Phase power throughout & an 800AMP panel should you need high power. Tons of parking, easily enough space for 15+ cars. Newer roofs on building, 103 Norris roof is 5 years old. Exterior of building has been freshly painted with multiple interior spaces freshly painted as well. Easy to show!

Details

Utilities: Electricity Connected, Water Connected
Flooring: Concrete
Cooling: One Unit
Heating: Gas, Individual, Forced Air, Space Heater
Construction Materials: Block
Lot Dimensions: 175 X103
Lot Size: 0.2483
Roof: Asphalt, Shingle
Water: Public
Parking: On Site