856 Ridge Rd - Apartments FOR SALE


Lackawanna, NY 14218
$469,900 USD
716-362-2373
856 Ridge Rd, Lackawanna, NY for Sale
$469,900 USD
Apartments - FOR SALE
1/50
null | Request Cap Rate

856 Ridge Rd
Lackawanna, NY 14218


HIGHLIGHTS

  • Off street parking
  • Furnishings negotiable
  • Large units

OVERVIEW

Endless Opportunity Awaits at 856 Ridge Road! This meticulously maintained mixed-use property is a rare find — combining residential, commercial, and investment potential all in one. Situated on a prime corner lot in Lackawanna, this expansive building offers over 4,000 sq ft of thoughtfully designed space, including 1 commercial unit, 3 residential living areas, a walk-out basement apartment, and a two-car attached garage. On the main level, you'll find five private offices perfect for a professional practice or small business, plus a spacious 2-bedroom apartment with hardwood floors and tons of natural light. The second floor features a 4-bedroom residential unit, ideal for multi-generational living or strong rental income. The lower level is a showstopper — a completely renovated 1-bedroom unit with a custom-tiled bathroom and direct walkout access to the garage, making it perfect for an in-law suite, or private tenant setup. BONUS: This property includes an additional parking lot directly across the street, providing incredible value and convenience for tenants, employees, or future development. Additional features include: An elevator with handicap accessibility. Separate entrances for privacy across the units. Owner-occupied and exceptionally well cared for Whether you're looking to owner-occupy and offset your mortgage, expand your investment portfolio, or run a business from home, this one-of-a-kind property checks all the boxes. Conveniently located near downtown Buffalo with quick highway access, 856 Ridge Rd is move-in ready and income-producing from day one. Don't miss your chance to own a multi-functional gem in a rapidly growing area

FOR SALE DETAILS

PRICE

$469,900 USD

PRICE/SF

$99 USD /SF

# OF UNITS

4

PRICE/UNIT

$117,475

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,238 SF

ZONING

Multi-Use

APN/PARCEL ID

140900-142-310-0002-018-000

ASK ABOUT THIS PROPERTY

Joel HusVarHusVar Real Estate Team at eXp RealtyMore Info
716-362-2373

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Joel HusVarHusVar Real Estate Team at eXp RealtyMore Info
716-362-2373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.