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3637 Walden Ave
Lancaster, NY 14086 Cheektowaga

$530,000 USD

Storefront Retail Residential For Sale  •  3,436 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 3,436 SF
  • Lot Size 0.35 AC
  • Building Class C
  • Year Built 1935
  • Cap Rate 7.53 %
  • Tenancy Multiple
  • Zoning 482
30 Transit Score
40 Walk Score

Highlights

Fully leased investment property
Two apartments, commercial retail storefront, three-car garage
One two-bedroom and one one-bedroom apartment
All tenants on leases
Direct frontage on heavily trafficked Walden Avenue
Additional surface parking is shared by tenants and storefront

Financial Summary (Proforma)

Net Operating Income: $39,918 USD (2026)
Cap Rate: 7.53 %
Total Expenses: $15,657 USD

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Buffalo Depew Station (Empire Service - Amtrak, Lake Shore Limited - Amtrak, Maple Leaf - Amtrak) 7 min - 3.4 mi
AirportDriveWalkDistance
Buffalo Niagara International 10 min - 4.9 mi
Niagara Falls International 39 min - 22.4 mi
Brian Heine 716-884-4437 Brian Heine - Licensed Real Estate Broker
Brian Heine 716-884-4437 Brian Heine - Licensed Real Estate Broker