2180 Union RdWest Seneca, NY 14224

Property Details for 2180 Union Rd

Year built

1972

Lot size

0.49 AC

Property size (Sq ft)

4,000 SF

Zone code

10

Property type

Banks

APN

146800 124.20-1-11.2

APU

146800124201112

Description

This exceptional 4,000-square-foot Class A office building, renovated in 2022, presents a unique opportunity for businesses seeking a prominent location on Union Road in Erie County. Originally a bank branch, the property boasts two existing drive-thru lanes, a significant advantage for businesses requiring this feature. The building's high visibility on a well-traveled thoroughfare ensures maximum exposure. With 40 parking spaces, ample on-site parking is readily available for tenants and their clients. The flexible floor plan allows for multiple configurations, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 4,000 square feet, accommodating a variety of business needs. The property sits on a 0.49-acre lot and is zoned C-2 Commercial, offering versatility in permitted uses. The owner is open to build-to-suit options, tailoring the space to meet specific tenant requirements. Its convenient location provides easy access to NYS Route 400 Expressway and I-90, enhancing accessibility for employees and customers. The building's single story design, constructed in 1965, offers efficient and functional space. This property is ideally suited for medical offices, financial institutions, professional offices, daycare centers, or restaurants. Don't miss this chance to secure a prime commercial space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,066,645

  6.5%

  $984,596

  7%

  $914,267

• Comparable approach

  Method

  Valuation

  Relative Method

  $964,353

  Geo Method

  $634,133

• Alternative Use

  Use

  Valuation

  Residential

  $830,543

  Hospitality

  $760,773

  Educational

  $632,954

  Medical

  $654,723

  Retail

  $984,596

Location Insight

City

West Seneca

County

Erie

State

New York

Latitude

42.8602

Longitude

-78.7552

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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