283 Ridge Rd
Lackawanna, NY 14218

Est. Mortgage: $1,220/mo
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  • 8,000

Highly visible, all brick, multi-use property that provides 4000 sq ft on each floor, offering several possibilities. Located on a high traffic road in Lackawanna right off of Route 5, minutes from Outer Harbor, Downtown Buffalo & New Era Field, this property is in a great location. This is a wise investment that can be used as a local "go-to" spot for events & celebrations. Property is currently laid out with 3 units being used as a store front, banquet hall and a bar/restaurant. Updates include storefront/bar, windows, flat roof (rubber) was a full tear off, electric & plumbing. Building also comes with a lot for 25 parking spaces. This particular area is undergoing a lot of construction bringing about new developments and businesses. Now is the perfect time to invest in this property.

Property Details
  • Lackawanna
    school district
  • $2,968.00
  • 1919
  • 2
  • B1078597
Electric heat
Forced air heat
Natural gas heat
Space heater(s)
Full basement
School district: Lackawanna
Brick exterior
Lot size: 90x166
Lot zoned: Res
Asphalt roof
Shingle roof
Public sewer
Public water
Units in building(s): 1
Total square feet: 8000
Courtesy of:
CENTURY 21 Balesteri Real Estate

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Address Distance Sale date Sale price
1849 Abbott Road 2.22 mi. 6/12/2017 $220,000
75 Dingens Street 3.76 mi. 6/24/2016 $265,000
3385 Clinton Street 4.66 mi. 12/15/2017 $270,000
46 Allen Street 5.25 mi. 6/21/2016 $225,000
3573 North Buffalo Street 5.41 mi. 1/12/2018 $249,900
469 Normal Avenue 6.47 mi. 2/21/2018 $150,000
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{"markerType": "Sold", "lat": "42.85607", "lng": "-78.75835", "Address": "3385 Clinton Street", "City": "West Seneca", "StateProv": "NY", "ZipCode": "14224"}
{"markerType": "Sold", "lat": "42.89917", "lng": "-78.87183", "Address": "46 Allen Street", "City": "Buffalo", "StateProv": "NY", "ZipCode": "14202"}
{"markerType": "Sold", "lat": "42.78671", "lng": "-78.74923", "Address": "3573 North Buffalo Street", "City": "Orchard Park", "StateProv": "NY", "ZipCode": "14127"}
{"markerType": "Sold", "lat": "42.91209", "lng": "-78.89347", "Address": "469 Normal Avenue", "City": "Buffalo", "StateProv": "NY", "ZipCode": "14213"}
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The approximate monthly principal & interest payment for this property would be $1,219.68.

This payment is based on a 30-year loan at a fixed rate of 4.375 % - APR 4.446 % with a down payment of $12,750. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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283 Ridge Road, Lackawanna, NY 14218 commercial offered for sale at $255,000.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Howard Hanna Real Estate Services shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2018 CNYIS, UNYREIS, WNYREIS. All rights reserved.