1849 Abbott Road Lackawanna, NY $ 550,000
1849 Abbott Road
$ 550,000
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1849 Abbott Road

Lackawanna, NY, 14218
$ 550,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 3,431

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Commercial Property for sale in Lackawanna, NY

for $550,000. This 2,500 square foot building was built in 1969 on a lot size of 0.2755.

For Sale: $550,000 Seize this exceptional investment opportunity at 1849 Abbott Rd, a 2,500 SF general retail property in a high-traffic location with excellent visibility and accessibility. Positioned just 0.3 miles from I-90, this property offers steady traffic exposure, making it an ideal income- producing asset. Investment Highlights: Price: $550,000 Cap Rate: 7.39% Building Size: 2,500 SF Building Type: General Retail Ideal Use: Convenience Store or Retail Business Traffic Count: 45,721 daily vehicles at nearby intersections 47,612 vehicles daily on I-90 (Southern Expressway) High Visibility & Accessibility: Prime corner location near a dense residential and commercial area The building was overhauled and rebuilt in 2021. Only the 2 side walls and back wall remained standing after the demolition. New front, doors, and windows New roof New coolers (very expensive) with long warranty New HVAC New plumbing and electrical work New floor and tiles Nothing re-used from old store New lights New lightup sign in front of the store and large lightup billboard with letter box underneath. New cabinets, shelves, register, and counters. New driveway painting and car stops

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Commercial Active

Price

$ 550,000

Property Type

Commercial

Taxes

$ 5,607

Style

Commercial

Lot Size

0.2755

Year Built

1969

Town/City

Lackawanna

County/Region

Erie

MLS | Web ID

B1588116

Features
General
Sewer PublicSewer
Heating Other SeeRemarks ForcedAir
Cooling CentralAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Other SeeRemarks
Zoning 454
Construction Materials Other
School District Lackawanna
Year Built 1969
Stories Count 1
Township Not Applicable
Levels One
Property Subtype Commercial
Business Type Grocery
County Erie
Property Type CommercialSale
Subdivision Name Buffalo Crk Reservation
Status Active
Directions Abbott Road near Martin Road
City Lackawanna
High School District Lackawanna
Zoning Description Commercial
Number Of Units Total 1
MLS Area Lackawanna-City-140900
Lot Size Units Acres
Lot Size Square Feet 12000.0
Year Built Details Existing
Tax Annual Amount 5607.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Lackawanna
Elementary School District Lackawanna
Tax Assessed Value 200000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
Property Sub Type Additional Commercial
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Features IrregularLot
Water Source Public
Total Parking 10.0
Inclusions Land and Building
Lot Size Area 0.2755
Number of Buildings 1
Building Area Total 2500.0
Lot Dimensions 80X150
Lot Size Acres 0.2755
Waterfront Y/N No
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Internal Only
Street Number 1 1849
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* Excluded Features
List By
Hunt Commercial Real Estate Corp. Of Buffalo New York

Broker

(214) 874-1568

Phone

Affordability Calculator

$3,899
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$467
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3040635 Elementary School
3040931 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2025$385,000 -12.50% Price Down
3/21/2025$440,000 -19.27% Price Down
3/18/2025$545,000 -14.84% Price Down
3/5/2025$640,000 -14.67% Price Down
2/10/2025$750,000 Listed Price

Map


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1849 Abbott Road, Lackawanna, NY, 14218 is a Commercial Property for sale at $550,000 with 2,500 sqft and a lot size of 0.2755. 1849 Abbott Road was built in 1969. The property's zip code is 14218 which is in Lackawanna, NY