4424 Bailey Avenue
$449,900
—
6,012
6,012
$75
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!
- Listed by Carol Klein • HUNT Real Estate CorporationP: (716)-681-3900 C: (716)-671-3344 ck@carolkleinwnyhomes.com
- Listed by Natali Barham • HUNT Real Estate CorporationP: (716)-681-3900 C: (716)-451-2454 nataliwnyhomes@gmail.com
Property Details for 4424 Bailey Avenue
On Waterfront
No
Zoning CodeCommercial
Nearest Cross StreetLamont Dr
LISTING UPDATED: 11/21/2024 11:56 AM
Property Details for 4424 Bailey Avenue
Status | Active |
---|---|
MLS # | B1577345 |
Days on Market | 7 |
Taxes | $8,006 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1956 |
Lot Size | 0.16 AC / 6,900 SF |
County | Erie County |
Building Information for 4424 Bailey Avenue
Stories2Residences-Year Built1956Lot Size0.16 AC / 6,900 SF
Property Information for 4424 Bailey Avenue
Property History for 4424 Bailey Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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