• 37 days on site
  • 114 views

Calling all investors and entrepreneurs! Incredible mixed-use opportunity in the heart of Cheektowaga offering strong income potential and endless possibilities. Whether you’re looking to expand your investment portfolio or launch your next business venture while generating rental income, this property is perfectly positioned to do both. The lower front commercial space has successfully operated as a well-known, established barber shop for over 53 years, making this an amazing opportunity for the next owner to continue a long-standing business presence or bring their own vision to life in a prime, high-visibility location. The commercial tenant is scheduled to vacate July 1st, leaving the storefront ready for its next chapter. The property also includes two residential rental units with long-term tenants who would love to stay, along with a detached garage that has also generated additional rental income. Altogether, the property has been bringing in approximately $3,200/month in revenue. Additional highlights include on-site parking, excellent visibility, and a location just seconds from the I-90 for easy access and convenience. Property is being sold As Is. Seller will make no repairs due to Estate sale.

Source: New York Alliance, MLS#: B1684144

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  • Property Type
    Commercial Sale
  • Lot
    0.19 acres

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Ryan Yamini
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  • Median Age
    38
  • Population Density
    2,807
  • College Educated
    37%
  • Estimated Median Income
    $53,307
  • Estimated Total Home Owners
    10,834
  • Estimated Total Renters
    4,841
  • Owner / Renter Divide
    69% / 31%
  • Estimated Average Household Size
    2
  • Total Population
    33,360
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.