5460 Transit RdDepew, NY 14043

  • Investment properties
  • 6,284 SF
For Sale
$1,890,000 View listing

Property Details for 5460 Transit Rd

Year built
1960
Lot size
0.33 AC
Property size (Sq ft)
6,284 SF
Zone code
05C
Property type
Investment properties
Property subtype
Retail residential properties
APN
143003 104.61-2-9
APU
1430031046129

Description

This exceptional 13,165 square foot retail property, located at 5460 Transit Road in Depew, New York, is available for $1,890,000 ($143.56/SF). Built in 1960, this vacant commercial space sits on a 0.64-acre corner lot, offering unparalleled visibility and accessibility. The property boasts a convenient traffic signal access point and ample parking, with a ratio of 4.32 spaces per 1,000 square feet. Fifty free surface parking spaces are available on all sides of the building. A prominent LED sign enhances visibility for potential businesses. The rear yard is fully fenced for added security. This versatile space presents a unique opportunity for various uses, including a used car lot and service business (with equipment included), warehouse, storage, or retail conversion. The property's prime location in Erie County, NY, zip code 14043 (latitude 42.9041788, longitude -78.6973821), ensures high traffic volume and excellent exposure. This is an ideal investment for entrepreneurs seeking a high-visibility location with significant potential.

Location Insight

City
Depew
County
Erie
State
New York
Latitude
42.9041
Longitude
-78.6973
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$55,000
$180,000
$235,000
-
$60,440
$197,802
$258,242

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