564 Colvin Ave Avenue Buffalo NY 14216 | B1457110

This is the sale of BOTH business and real estate

This long-established Dry Cleaning and tailoring business originally located on Niagara St in 1890 which then moved to its current location in 1947 has been located on a high traffic road in a busy area of Erie County with a large loyal clientele.

The business uses two 80lb Union K4 dry cleaning machines for environmentally safe cleaning. The first floor provides room for drycleaning and shirt laundry production, tailoring shop, fur vault for temperature control storage along with retail storefront and updated computer systems. The second floor provides production area. And full laundry area with multiple washers, dryers and deodorizing chamber. The second floor also has 3 office spaces along with a conference room.

Owners retirement creates this excellent opportunity for this turnkey operation to welcome a new owner to continue the success of the business.
Owner will privately Finance.

Listing agent is owner of property

Property Details

Price:
$800,000
MLS #:
B1457110
Status:
Pending
Beds:
0
Baths:
0
Address:
564 Colvin Ave Avenue
Type:
Commercial
City:
Buffalo
Listed Date:
Feb 25, 2023
State:
NY
Finished Sq Ft:
16,000
ZIP:
14216
Subdivision:
North Buffalo
Lot Size:
Year Built:
1947

Schools

School District:
Buffalo

Interior

Heating
Gas, Zoned, Forced Air, Hot Water, Steam

Exterior

Roof
Shingle

Financial

Buyer Agent Compensation
2.5%
Net Operating Income
$-8,855
Taxes
$8,855

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564 Colvin Ave Avenue
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