Investment/Commercial Retail

355 Central Ave Fredonia, NY 14063

355 Central Ave, Fredonia, NY, 14063
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FOR SALE
Property Type:
Free Standing Building
Amount:
$895,000
Last Verified:
Feb 21, 2023

Highlights

  • 26,727 +/- SF
  • Investment Opportunity
  • Retail/Professional Offices
  • 3.7 +/- Acres
  • Convenient Location

Description

Excellent investment opportunity. 26,727 +/- SF of Retail Space located on 3.7 +/- acres. Currently there are 11 businesses in place with the possibility of adding more. Many of these Tenants have occupied the building in long term leases (10+ years). The property has ample parking with front, side, and rear spaces as well as multiple entrances into the building giving tenants multiple entrances for there own spaces. Currently there are leased spaces ranging from 900+/- SF up to 9,400 +/- SF. Updates in the past 3 years include new heating and AC, new sidewalks and new blacktop parking lot resurfaced. The roof has been replaced on more than half of the building in 2020 and restored in 2021 with the warranty being included. Spaces have been well maintained and updated throughout the years.

355 Central Avenue between Birchwood Drive and Millard Fillmore Drive. Great location next to Fredonia State University College, D&F Plaza, Ollie's, Blasdell Pizza, Rite Aide, Big Lots and the NYS Thruway!


Year Built: 1971
Building Size: 26727sq ft
Lot Size: 3.7 acres


Documents

Sale Brochure

Map of 355 Central Ave, Fredonia, NY, 14063

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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