946 Main Street Buffalo, NY ^$ 875,000

946 Main Street

^$ 875,000

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946 Main Street

Buffalo, NY, 14202

^$ 875,000

Studio Baths0.0 Sq 6,028

Monthly Estimate*

^$ 5,816

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Studio

Commercial Property for sale in Buffalo, NY

for $875,000. This 6,028 square foot building was built in 1872 on a lot size of 0.1343.

Spectacular income opportunity in the heart of the Medical Campus and Allentown National Historic Preservation District! This historic building dates back to 1872, when 948 was completed; 946 was built in 1892. A mixed use building, the first floor houses the Buffalo Tikka House restaurant, with large dining space and kitchen. Lovely outdoor patio for additional al fresco seating! Four additional apartments, all separate utilities with great potential for improved rents. Updated mechanics and tear off roof (2022). New windows and glass doors on first floor, and updated electrical (2015). Fantastic Main Street location!

Commercial Active

Price

^$ 875,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,343

Style

MixedUse

Lot Size

0.1343

Year Built

1872

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1525096

Features

General

Sewer PublicSewer

Heating Gas ForcedAir

Utilities SewerConnected

Possession CloseOfEscrow

Roof Asphalt Flat Shingle

Zoning N-1C

Construction Materials Brick

Year Built 1872

Stories 2

Township Not Applicable

Levels Two

Property SubType MixedUse

Gross Income 78300.0

County Erie

Net Operating Income 66957.0

Property Type CommercialSale

Possible Use Other Residential

Status Active

City Buffalo

High School District Buffalo

Zoning Description Commercial

NumberOfUnitsTotal 0

MLS Area Buffalo City-140200

Lot Size Units Acres

Lot Size Square Feet 5850.0

Waterfront Y/N No

Street Name Main

Year Built Details Existing

Tax Annual Amount 11343.0

Property Condition Resale

Lease Considered Y/N No

Days on Market 3

Standard Status Active

Middle/Junior School District Buffalo

Elementary School District Buffalo

Tax Assessed Value 495000

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 4

Property Sub Type Additional MixedUse Commercial

Interior

Basement Partial

Flooring Concrete Linoleum Vinyl

Total Fireplaces 0

Total Stories 2

Basement (Y/N) Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix Street

Main Level Bathrooms 0

Total Baths 0

Exterior

Parking Features None

Lot Features Rectangular

Total Parking 0.0

Inclusions Land and Building

Lot Size Area 0.1343

Number of Buildings 1

Building Area Total 6028.0

Lot Dimensions 50X117

Lot Size Acres 0.1343

Internal Only

Street Number 1 946

* Excluded Features

List By

Mj Peterson Real Estate

Broker

(716) 864-6757

Phone

Affordability Calculator

$6,761

Per Month

Monthly Principal & Interest: $5,816
Monthly Property Taxes: $945
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Buffalo, NY

Average List Price ^$714,071

Percent of Sale Price 18%

About Buffalo, NY

257,543 Population

-12% Since 2002

^$34,439 Median Income

35.65 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

246920 Elementary School

247190 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/9/2024	$875,000		Listed Price

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946 Main Street, Buffalo, NY, 14202 is a Commercial Property for sale at $875,000 with 6,028 sqft and a lot size of 0.1343. 946 Main Street is a studio with 0.0 baths and was built in 1872. The property's zip code is 14202 which is in Buffalo, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

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) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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946 Main Street

Commercial Property for sale in Buffalo, NY

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