3936 Seneca StWest Seneca, NY 14224
- Investment properties
- 2,867 SF
Property Details for 3936 Seneca St
- Year built
- 1959
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 2,867 SF
- Zone code
- 06 - INDUSTRIAL
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 146800 143.08-1-39
- APU
- 14680014308139
Description
This exceptional mixed-use property, located at 3936 Seneca Street in West Seneca, NY, presents a unique investment opportunity. The 3,026 square foot building, constructed in 1955 and renovated in 1976, sits on a 0.48-acre lot and is zoned C-1, allowing for a variety of commercial uses. The property features a former dental office and a three-bedroom apartment, offering flexibility for owner-occupancy or rental income. The apartment includes an attached two-car garage, while the property boasts an additional four parking spaces. The building is a two-story structure with a large backyard visible from bay windows in the former dental office. Its prime location on Seneca Street, across from Southgate Plaza, ensures high visibility and accessibility. This versatile property is ideal for a small business or professional office user seeking both workspace and residential accommodations or a commercial enterprise looking to maximize its space. The asking price is $429,000. This is a rare opportunity to acquire a well-situated mixed-use building in a thriving commercial area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $520,081
- 6.5%
- $480,075
- 7%
- $445,784
-
Comparable approach
- Method
- Valuation
- Relative Method
- $274,286
- Geo Method
- $180,363
-
Alternative Use
- Use
- Valuation
- Residential
- $595,293
- Hospitality
- $545,285
- Educational
- $453,671
- Medical
- $469,274
- Retail
- $705,711
Location Insight
- City
- Buffalo
- County
- Erie
- State
- New York
- Latitude
- 42.8304
- Longitude
- -78.7574
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].