49 E Doughty St

Investment Highlights

Investment property 2 Units- Bar/Tavern first floor & 3B apartment upper

Executive Summary

Mixed use building; lower is a former Tavern, ready for a new owner! Upper is a wonderful 3 bedroom apartment (leased to long term tenant for the last 6 years) for $700/mo plus utilities. Detached garage, plenty of street parking on Doughty and Hoyt Streets. Rubber roof new in 2010. New lower 100,000 BTU furnace, 2022. Excellent condition inside and out! IF buyer isn't going to use as a tavern, the seller is willing to remove the bar, etc. Close to SUNY Fredonia and NYS Thruway and Lake Erie waterfront/Pier/Beaches!

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Bar Bar General Retail Storefront Retail/Office Bar
• Building Size    4,423
• Building Class    C
• Year Built    1900
• Price    179,900
• Price Per SF    41
• Percent Leased    100
• Building Height    2 Stories
• Building FAR    1.13
• Land Acres    0.09 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.