Listing Courtesy of: 716-480-8117 - Shannon McNichol - Nichol City Realty
716-288-5484
$8,500,000
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1278 Hertel Ave Buffalo, NY 14216
General Commercial
Residence
Beds
Baths
5,130
Sq. Ft.
0.31
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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 year...s 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.
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MLS#
B1574580
Property Type
General Commercial
Year Built
1999
Square Feet
5,130
sq. ft
Lot Size
0.31
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