1278 Hertel Avenue Buffalo NY 14216 MLS #B1574580

1278 Hertel Avenue
Buffalo, NY, 14216
$8,500,000
Beds
0 Baths
5,130 SqFt
0.31 Acres
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 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.

Property Details

Price:
$8,500,000
MLS #:
B1574580
Status:
Pending
Beds:
0
Baths:
0
Address:
1278 Hertel Avenue
Type:
Commercial
Subdivision:
North Buffalo
Neighborhood:
Buffalo City-140200
City:
Buffalo
Listed Date:
Oct 28, 2024
State:
NY
Finished Sq Ft:
5,130
Total Sq Ft:
5,130
ZIP:
14216
Lot Size:
0 acres
Year Built:
1999
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1278 Hertel Avenue
Buffalo, NY

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School District:
Buffalo

Interior

Cooling
Central Air
Heating
Gas, Forced Air

Exterior

Construction Materials
Block
Parking Spots
40
Roof
Flat

Financial

Taxes
$36,000

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