Cheektowaga, NY 14043 4730 Broadway

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Presented By: Joseph Andrew Avery with RE/MAX Titanium LLC;
  • MLS# R1571840
  • 11/06/2024
  • Request Tour
  • Request Info
  • SQFT • 2,150

Home Details

Prime Commercial Property with Stable Long-Term Tenant Opportunity. This 2,150 sq. ft. commercial property offers an incredible investment opportunity with an 8% cap rate and a reliable tenant already in place. Located on a high-visibility street with a daily traffic count of 16,835, this property is perfectly positioned to capture consistent foot and vehicle traffic. Currently occupied by the building owner, who wishes to sell and lease back, this property ensures a stable and hassle-free income stream. The building owner is prepared to sign a Triple Net (NNN) Lease at $1,750 per month. Flexible lease options are available, including a 10-year lease or a 5-year lease with two additional 5-year renewal options, providing versatility and long-term stability for potential investors. Recent upgrades add to the building’s appeal, with a new heating system installed just 1.5 years ago, ensuring efficient climate control and reducing maintenance concerns. This property combines excellent visibility, predictable returns, and a strong commercial presence. Don’t miss out on this rare opportunity to secure a long-term tenant with favorable lease terms in a high-traffic location.
Presented By: Joseph Andrew Avery with RE/MAX Titanium LLC;

Interior Features for 4730 Broadway

Bathrooms

Main Level Bathrooms0
Total Baths

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringConcrete, Linoleum, Vinyl
Heating Y/NYes
Total Fireplaces
Total Stories1

General for 4730 Broadway

Business TypeGrocery
CityCheektowaga
Construction MaterialsBlock
CoolingHeatPump, Zoned
CountyErie
Elementary School DistrictDepew
Gross Income21000.0
HeatingHeatPump, Other, SeeRemarks, Zoned
High School DistrictDepew
Lease Considered Y/NNo
LevelsOne
Lot Size Square Feet11326.0
Lot Size UnitsAcres
MLS AreaDepew Village-Cheektowaga-143003
Middle/Junior School DistrictDepew
Net Operating Income15228.0
Number Of Units Total
Operating Expense0.0
PossessionCloseOfEscrow, SubjectToTenantRights
Possible UseRetail
Property ConditionResale
Property Sub Type AdditionalCommercial
Property SubtypeCommercial
Property TypeCommercialSale
RoofOther, SeeRemarks
School DistrictDepew
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount5772.0
Tax Assessed Value145000
Tax Lot14
TaxOtherAnnualAssessmentAmount0.0
TownshipDepew-Village
UtilitiesSewerConnected, WaterConnected
Year Built1950
Year Built DetailsExisting
ZoningMarket
Zoning DescriptionCommercial

Exterior for 4730 Broadway

Building Area Total2150.0
Gulf-FrontNo
InclusionsBuilding Only
Lot Dimensions130X105
Lot FeaturesIrregularLot
Lot Size Acres0.26
Lot Size Area0.26
Number of Buildings1
Parking FeaturesOnSite, Surfaced
Total Parking9.0
Water SourcePublic

Additional Details

Price History

Mark Siwiec

CEO
Price $239,900
MLS#R1571840
List Date 11/06/2024
Property Type Commercial
Phone
Request Tour
Request Info

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