Active
6908 Buffalo Avenue, Niagara Falls NY 14304
MLS# B1598177
$650,000
Price
-
Beds
-
Baths
3,504
Living Area (Sq.Ft.)
0.276
Lot Area (Acres)
$650,000
Price
-
Beds
-
Baths
3,504
Living Area (Sq.Ft.)
0.276
Lot Area (Acres)
INVESTORS TAKE NOTICE....Look at this package.... A 6 room Motel, a Restaurant, a 2 bedroom ranch house & a parking lot. The restaurant features equipment you need to get started: tables, barstools, kitchen appliances, grill, gas stove and walk in cooler to name a few. The 6 room motel has 3 long term tenants (rent includes heat and electric). The other 3 units are ready to be rented out either long term or nightly. The 2 bedroom remodeled ranch would make an excellent location for an owner/manager to live just steps away from the motel/restaurant. A view of the Niagara River from the restaurant front window adds charm for your guest. Located on Buffalo Ave which is a main throughfare into the City of Niagara Falls and a block from the Grand Island Bridge makes this the perfect opportunity and location to operate your business. This package include 3 parcels: 6908 Buffalo Ave SBL 160.82-1-21...6826 Buffalo Ave SBL 160.82-1-38 and 113 69th St SBL 160.82-1-22 <br>Sale Price of $650k yields the following results: <br>Cashflow (free & clear) = $32k - That is a 25% return on your downpayment of $130k; A very healthy Cap Rate of 11; Debt Service Coverage Ratio (DSCR) of 1.81. This means that with a commercial lender, this asset looks strong and attractive. Most lenders want to see 1.25 and higher. - This analysis does not even factor in the potential income that can be drawn from the extra parking lot (parking income for commercial vehicles, storage, buildable lot). <br> Restaurant is also listed as a rental ML B1612323
Status
Active
Property Type
CommercialSale
Property Sub Type
Business
Year Built
1964
Parcel Number
291100-160-082-0001-021-000
Unit Number
--
Subdivision Name
Buffalo Ave & Sub
Lot Features
Rectangular, Rectangular Lot
Levels
One
Lot Size Dimensions
91X131
Stories
1
Property Condition
Resale
Elementary School District
Niagara Falls
Middle Or Junior School District
Niagara Falls
High School District
Niagara Falls
Location
Listing Agent
Renee J Moran
Listing Office
Red Door Real Estate WNY LLC
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash
Documents Available
Other,SeeRemarks
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-04-08
Fire Places Total
0
Heating
true
Heating Features
Gas, Forced Air
Garage
--
Garage Spaces
--
Sewer
PublicSewer
Roof
Asphalt
Utilities
Electricity Connected, Sewer Connected
Parking Total
15
Parking Features
On Site, Other, See Remarks, Surfaced
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.