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    1049 Broadway Buffalo, NY $ 280,000
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    1049 Broadway
    $ 280,000
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    Share Save

    1049 Broadway

    Buffalo, NY, 14212
    $ 280,000
    Bedrooms-- Baths-- Sq 11,880

    Monthly Estimate*

    $ 1,861

    1049 Broadway, Buffalo, NY 14212 - Image 1

    Commercial Property for sale in Buffalo, NY

    for $280,000. This 11,880 square foot building was built in 1990 on a lot size of 0.6831.

    Hard to find laundromat business! This sale is for the business only and does NOT include the building. It does include all equipment to operate and is turn key on day one. There are 47 Dexter washers and dryers in total and are all 5-10yrs old. 20 of them have credit card readers installed less than one year ago through SpiderWash. Lease has approx 8 years remaining. Estimated gas $650/mo, electric $250/mo, water $650/mo, rent $4,000/mo. The total expenses are approximately $8k/month. Grosses approximately $2900+/wk. Seller will NOT hold financing and there are limited financials. For infrastructure expense reference… this Dexter equipment package ran about $400k brand new and the commercial build out (bulk heads, plumbing, electrical, etc) ran over $150k.

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    Commercial Active

    Price

    $ 280,000

    Property Type

    Commercial

    Taxes

    $ 3,000

    Style

    Lot Size

    0.6831

    Year Built

    1990

    Town/City

    Buffalo

    County/Region

    Erie

    MLS | Web ID

    B1583267
    Features
    General
    Sewer PublicSewer
    Heating Gas ForcedAir
    Utilities SewerConnected
    Possession CloseOfEscrow
    Roof Flat
    Zoning N-3C
    School District Buffalo
    Year Built 1990
    Electric Other
    Stories 1
    Township Not Applicable
    Levels One
    Gross Income 150000.0
    Business Type Laundromat
    Business Name Maytag Laundry
    County Erie
    Net Operating Income 52000.0
    Operating Expense 95000.0
    Property Type CommercialSale
    Possible Use Other
    Status Active
    City Buffalo
    High School District Buffalo
    Zoning Description Business
    Number Of Units Total 0
    MLS Area Buffalo City-140200
    Lot Size Units Acres
    Lot Size Square Feet 29754.0
    Waterfront Y/N No
    Year Built Details Existing
    Tax Annual Amount 3000.0
    Property Condition Resale
    Lease Considered Y/N No
    Standard Status Active
    Middle/Junior School District Buffalo
    Elementary School District Buffalo
    Tax Assessed Value 740000
    TaxOtherAnnualAssessmentAmount 0.0
    Tax Lot 1
    Interior
    Total Fireplaces 0
    Total Stories 1
    Heating Y/N Yes
    Fireplace Y/N No
    Main Level Bathrooms 0
    Total Baths 0
    Exterior
    Lot Features Rectangular
    Total Parking 10.0
    Inclusions Business Only
    Lot Size Area 0.6831
    Number of Buildings 1
    Building Area Total 11880.0
    Lot Dimensions 188X157
    Lot Size Acres 0.6831
    Internal Only
    Street Number 1 1049
    * Excluded Features
    List By
    Nichol City Realty

    Broker

    (716) 480-8117

    Phone

    Affordability Calculator

    $2,111
    Per Month
    88%
    12%
    0%
    Monthly Principal & Interest
    $1,861
    Monthly Property Taxes
    $250
    Monthly 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
    246920 Elementary School
    247190 Middle School
    Unknown High School High School
    See complete school information
    Pricing History
    DatePricePrice ChangeDescription
    1/7/2025$280,000 Listed Price

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    1049 Broadway, Buffalo, NY, 14212 is a Commercial Property for sale at $280,000 with 11,880 sqft and a lot size of 0.6831. 1049 Broadway was built in 1990. The property's zip code is 14212 which is in Buffalo, NY

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