13-15 Lafayette Avenue, Buffalo, NY 14213

$585,000
4
BD
3
BA
9,883
SqFt

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List Price
$585,000
Status
PENDING
MLS#
B1688843
Stories
2
Bedrooms
4
Bathrooms
3
Baths Half
1
Acres
0.13
Living Area
9,883
Region
Buffalo City

Property Description

Discover endless potential in this versatile mixed-use building situated in the heart of Buffalo's vibrant West Side. This character-rich property, originally built circa 1900, offers endless opportunities between 3 separate units; Making this the ideal opportunity for investors or entrepreneurs seeking income-producing real estate with room to grow. The ground floor provides flexible commercial space perfect for retail, office, light industrial, service-based business, or creative uses. Currently home to the wonderful Buffalo based furniture business Mimo Decor and previously Community Beer Works. This unit features 2 garage bays with tremendous ceiling height. The unit itself is compromised into 3 separate areas truly offering unlimited possibilities with the space and overall unit. Upstairs, you'll find two separate residential apartments offering immediate rental income potential or the option to reconfigure for additional units, live/work setup, or expanded commercial footprint. The two residential apartments are both 2 bedrooms and 1 bathroom both having their own in-unit laundry. Both apartments feature private access to the back balcony porch area overlooking the wonderful fully fenced in back terrace. All units are separately metered for both gas and electric. Whether you're looking to stabilize cash flow with residential rentals while operating or leasing the commercial space; This property delivers exceptional value in one of Buffalo's most up-and-coming neighborhoods. The area boasts strong population density, a mix of renters and owners, and proximity to cultural hotspots, making it attractive for both tenants and future appreciation. Don't miss this rare chance to own a piece of Buffalo's West Side revival.

Additional Information

Taxes
$5,601
Exterior Features
Balcony, Deck, Fully Fenced
Style
Triplex
School District
Buffalo
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of HUNT Real Estate Corporation. Contact: 716-807-6401