5800 Transit RdDepew, NY 14043

This exceptional investment opportunity presents a 13,724-square-foot multi-tenant building located at 5800 Transit Rd, Depew, NY 14043. The property, built in 1920, boasts a desirable C2 zoning designation and sits on a 0.72-acre lot. The building is currently 100% occupied, generating a strong net operating income (NOI) of $55,924, resulting in a 7.00% capitalization rate. The asking price is $799,000, translating to a price per square foot of $58.22. The property features a mix of uses, including 5,177 square feet of office space, 5,744 square feet of industrial space, and 2,803 square feet of apartment space divided into three units: one two-bedroom and one three-bedroom apartment. All leases are gross leases with a current lease expiration date of April 30, 2025, representing a remaining lease term of approximately 0.4 years. The building includes one 10x11 grade-level loading dock. This property offers significant upside potential due to below-market rents and its prime location on Transit Road, which boasts an impressive 2019 AADT of 26,596. This is a rare opportunity to acquire a well-located, income-producing multi-use property in a thriving market. The two-story building presents a strong cash flow and significant potential for future appreciation.