Property photo 1
0 Baths
5,130 sqft

$4,600,000

1278 Hertel Avenue, Buffalo NY, 14216

Price per sqft$896.69
Built in1999
Property size5,130 sqft
Property typeCommercial

Overview

Sold

Closed

Listed Oct 28, 2024

Updated Jun 1

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 CAN 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 and all the equipment was replaced 2023. Porter (Lakeview) was built out new in 2015. Hertel is all new from 2019. All include top of the line Dexter appliances. Brand new boiler and holding tank at Military 2025. 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. $30k/week in revenue.

Additional information

MLS® ID
B1574580

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.31 Acres

Other Property Details

Taxes
$36,000
Tax Frequency
Annually
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Courtesy of Nichol City Realty, Shannon L McNichol

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