4424 Bailey Avenue

Amherst, NY 14226

$449,900
Price
Beds
6,012 Sq. Ft.
$75 / Sq. Ft.
6,012
Sq. Ft.
$75
per Sq. Ft.

Description

Prime investment opportunity in a high-traffic location! This versatile 6,000+ square foot mixed-use property offers incredible potential for both immediate income and long-term growth. The spacious ground-floor storefront, previously leased as a smoke shop for $2,000/month, is currently vacant and well-suited for a variety of retail or commercial uses. The second floor features two fully renovated apartments—one 3-bedroom and one 2-bedroom—each updated with new kitchens, modern bathrooms, and new...Prime investment opportunity in a high-traffic location! This versatile 6,000+ square foot mixed-use property offers incredible potential for both immediate income and long-term growth. The spacious ground-floor storefront, previously leased as a smoke shop for $2,000/month, is currently vacant and well-suited for a variety of retail or commercial uses. The second floor features two fully renovated apartments—one 3-bedroom and one 2-bedroom—each updated with new kitchens, modern bathrooms, and new flooring throughout. Both units are independently metered, equipped with new hot water tanks and furnaces, and have dedicated laundry rooms, making them highly desirable to tenants and easy to maintain. Currently, both apartments are leased at $1,400/month, providing steady rental income. The property also includes a large back space with excellent potential for conversion into rentable areas, such as office space, a spa, or additional retail. An attached garage with separate bays offers added income opportunities through parking or storage. Located on a high-visibility street within a desirable school district, this property is ideally positioned for long-term success. With multiple income streams, motivated sellers, and room for future growth, this is an outstanding opportunity for investors seeking solid returns. Don’t miss out on this excellent investment opportunity!
  1. Listed by Carol Klein • HUNT Real Estate Corporation
    P: (716)-681-3900 C: (716)-671-3344 ck@carolkleinwnyhomes.com
  2. Listed by Natali Barham • HUNT Real Estate Corporation
    P: (716)-681-3900 C: (716)-451-2454 nataliwnyhomes@gmail.com

Property Details for 4424 Bailey Avenue

On Waterfront
No
Zoning Code
Commercial
Nearest Cross Street
Lamont Dr
LISTING UPDATED: 11/21/2024 11:56 AM

Property Details for 4424 Bailey Avenue

StatusActive
MLS #B1577345
Days on Market12
Taxes$8,006 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1956
Lot Size0.16 AC / 6,900 SF
CountyErie County

Building Information for 4424 Bailey Avenue

Stories2Residences-Year Built1956Lot Size0.16 AC / 6,900 SF

Property Information for 4424 Bailey Avenue

Summary
Location and General Information
  • Elementary School District: Sweet Home
  • High School District: Sweet Home
  • Middle Or Junior School District: Sweet Home
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Parking Total: 6.00
Taxes and HOA Information
  • Area NYSWIS Code: Amherst-142289
  • Tax Annual Amount: $8,006.00
Property
Lot Information
  • Building Area Total: 6012.0
  • Land Features: Rectangular
  • Num Of Acres: 0.1584
  • Lot Size Area: 0.1584
  • Lot Size Square Feet: 6900.0
  • Lot Size Units: Acres
  • Num Of Buildings: 1
  • Parcel Number: 142289-067-490-0001-013-000
  • Possible Uses: Residential
  • Lot Number: 13
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $120,000
  • Year Built: 1956
  • Year Built Description: Existing
  • Zoning Description: Commercial
  • Property Sub Type Additional: Mixed Use
Utilities
  • Sewer Description: Public Sewer
  • Utilities Available: Sewer Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Roof Description: Flat
Interior Features
  • Basement Description: None
  • Basement YN: No
  • HVAC Type: Central Air
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 6012.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Operating Expense Includes: Insurance, Maintenance, Utilities
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Lease YN: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 4424 Bailey Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4424 Bailey Avenue

Taxable ValueLand$10,000Additions$110,000Total$120,000
Tax Record2019$6,849 ($571 / month)
Home Facts
Total Finished SqFt6,012 SqFtAbove Grade Finished SqFt6,012 SqFtStories2Lot Size6,900 SqFtStyleOffice BuildingYear Built1956Year Renovated1986Zoning00000CountyERIEAPN142289 67.49-1-13

Schools near 4424 Bailey Avenue

This home is within Sweet Home Central School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Maplemere Elementary School
PublicK to 5

Sweet Home Middle School
Public6 to 8

Sweet Home Senior High School
Public9 to 12

Glendale Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4424 Bailey Avenue is a mixed use property for sale in Amherst, NY 14226. This property was listed for sale on November 14, 2024 by HUNT Real Estate Corporation, it's currently listed at $449,900. It has been on the market for a total of 12 days and was last sold on September 22, 2022. This listing's school district is Sweet Home Central School District. Nearby schools include Maplemere Elementary School, Sweet Home Middle School and Sweet Home Senior High School. 4424 Bailey Avenue is a 0-bed, 0-bath, 6,012 sqft mixed use property built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HUNT Real Estate Corporation

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.