1278 Hertel Avenue, Buffalo NY, 14216

Active

1278 Hertel Avenue

Buffalo NY, 14216

$8,500,000

$1,656.92 per sqft

Active

5,130 sqft

Commercial

Built in 1999

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. 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. $40k/week in revenue.

B1574580

MLSⓇ ID

October 28, 2024

Listed

November 22, 2024

Updated

Map

1278 Hertel Avenue
Buffalo NY, 14216

Interior Features

Total Stories: 2
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Gas, Forced Air

Exterior/Building Features

Lot Size: 0.31 Acres
Roof: Flat
Sewer: Public Sewer

School Information

School District: Buffalo

Other Property Details

Area Name: Buffalo City-140200
Taxes: $36,000
Tax Frequency: Annually
Garage: No
Parking Total: 40
View: No
County: Erie
Municipality: Not Applicable
Water Source: Public
Pool: No
Zoning: Commercial

Courtesy of Nichol City Realty, Shannon L McNichol

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Joshua Sokolofsky, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Data last updated 6:13 PM UTC, 11/22/2024