715 Ridge Road

Lackawanna, NY 14218

$540,000
Price
Beds
6,414 Sq. Ft.
$84 / Sq. Ft.
6,414
Sq. Ft.
$84
per Sq. Ft.

Description

One of a kind opportunity to own a successful, fully equipped turn-key bar, with two renovated residential units for additional income. 22 taps, 16 air-cooled, and new glycol system. Sitting on a double lot w/brand new outdoor patio, new windows (22), and fully updated electric throughout. New furnace and AC ('22). Steps from South Park Ave in Lackawanna, 715 Ridge offers everything needed for its next owner, including 3% down FHA financing for an owner-occupant. Both apartments offer 3 bedrooms,...One of a kind opportunity to own a successful, fully equipped turn-key bar, with two renovated residential units for additional income. 22 taps, 16 air-cooled, and new glycol system. Sitting on a double lot w/brand new outdoor patio, new windows (22), and fully updated electric throughout. New furnace and AC ('22). Steps from South Park Ave in Lackawanna, 715 Ridge offers everything needed for its next owner, including 3% down FHA financing for an owner-occupant. Both apartments offer 3 bedrooms, fully updated kitchens and baths, w/full dry basement and on-site laundry. The sellers commits to outdoor facade painting and exterior improvements, if necessary for its next owner.
  1. Listed by Emily Cornwell • Hanna Commercial
    P: 716-856-7107 C: 716-909-1375 emilycornwellwny@gmail.com
  2. Listed by Kim Pasierb • Howard Hanna WNY Inc.
    P: 716-553-2026 C: 716-681-0889 kimpasierb@howardhanna.com

Property Details for 715 Ridge Road

Subdivision Comm Complex
Bcir
On Waterfront
No
Zoning Code
CBD
Nearest Cross Street
South Park Ave

Location

Listing Courtesy of Hanna Commercial; Howard Hanna WNY Inc.
Add your commute
LISTING UPDATED: 04/02/2024 10:59 PM

Property Details for 715 Ridge Road

StatusActive
MLS #B1529248
Days on Market33
Taxes$7,555 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1988
Lot Size0.08 AC / 3,692 SF
CountyErie County

Location

Listing Courtesy of Hanna Commercial; Howard Hanna WNY Inc.
Add your commute

Building Information for 715 Ridge Road

Stories2Residences3Year Built1988Lot Size0.08 AC / 3,692 SF

Payment Calculator

$3,577 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,947

Property Taxes

$630

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 715 Ridge Road

Summary
Location and General Information
  • Elementary School District: Lackawanna
  • High School District: Lackawanna
  • Middle Or Junior School District: Lackawanna
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Parking Total: .00
Taxes and HOA Information
  • Area NYSWIS Code: Lackawanna-City-140900
  • Tax Annual Amount: $7,555.00
Property
Lot Information
  • Building Area Total: 6414.0
  • Num Of Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Square Feet: 3692.0
  • Lot Size Units: Acres
  • Num Of Buildings: 2
  • Parcel Number: 140900-142-380-0003-016-000
  • Possible Uses: Residential
  • Lot Number: 16
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $160,000
  • Year Built: 1988
  • Year Built Description: Existing
  • Zoning Description: Commercial
  • Property Sub Type Additional: Mixed Use
Utilities
  • Sewer Description: Public Sewer
  • Utilities Available: Sewer Connected
Interior and Exterior Features
Exterior Features
  • Roof Description: Flat
  • Type Of Building: Bar Tavern Lounge
Interior Features
  • Basement Description: Full
  • Basement YN: Yes
  • HVAC Type: Central Air
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Heating: Gas, Baseboard
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 6414.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Lease YN: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 715 Ridge Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 715 Ridge Road

Taxable ValueLand$11,800Additions$148,200Total$160,000
Home Facts
Total Finished SqFt3,700 SqFtAbove Grade Finished SqFt3,700 SqFtUnfinished Basement SqFt2,714 SqFtStories2Lot Size3,658 SqFtStyleOffice BuildingYear Built1910Year Renovated1980ZoningCBDCountyERIEAPN140900 142.38-3-16

Schools near 715 Ridge Road

This home is within Lackawanna City School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Truman Elementary School
PublicPK to 1

Martin Road Elementary School
Public2 to 5

Lackawanna Middle School
Public6 to 8

Lackawanna High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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715 Ridge Road is a mixed use property for sale in Lackawanna, NY 14218. This property was listed for sale on April 1, 2024 by Hanna Commercial, it's currently listed at $540,000. It has been on the market for a total of 33 days and was last sold on March 30, 2016. This listing's school district is Lackawanna City School District. Nearby schools include Truman Elementary School, Martin Road Elementary School and Lackawanna Middle School. 715 Ridge Road is a 0-bed, 0-bath, 6,414 sqft mixed use property built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hanna Commercial; Howard Hanna WNY Inc.

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.