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524 Hinman Ave
Buffalo, NY 14216
Citgo · Retail Property For Sale

Investment Highlights

  • 1,644+/- SF BUILDING
  • Double walled piping
  • Lot Size: 0.36 Acres 160' x 98'
  • (1) 12,000 gallon double walled steel tank
  • 2 dispensers under 1 canopy
  • Property being Sold As-Is

Executive Summary

***Listing is currently on hold until the owners replace the underground gas tanks, expected to be back on the market late October/early November 2025.****
Great business opportunity to purchase a 1,644+/- SF unbranded Gas/Service station and former Autobody repair shop on a popular intersection with great exposure at Hinman Ave. & Military Rd. directly across from Froth Brewing & Wingnutz. Located in WNY with solid residential development surrounding location and daytime/night time activity. 1,644+/- SF space. Lot size 160' x 98'. POS system and security system on site. One 12,000 gallon double walled steel tank (3,000 gallons Premium, 9,000 gallons Regular) with double walled piping. 3 above ground oil tanks which contain used oil (heating, on-site consumption). 2 newer dispensers with 4 fueling stations under 1 canopy. Pole sign on the street. Plenty of space for parking. This former Autobody repair shop is plenty of space to convert into a convenience store. All equipment available for an additional price. Seller is willing to hold papers with a $300,000.00 down payment for 10 years with Interest. 10 year Product Supply Agreement with seller is required. Property is being Sold AS-IS.
**Please contact listing broker for Sellers requirements**

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
1,760 SF
Building Class
C
Year Built
1920
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
D-S
Frontage
160’ on Hinman Ave

Amenities

  • Signage
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
140200-077-430-0005-009-100
Land Assessment
$21,357 CAD
Improvements Assessment
$144,601 CAD
Total Assessment
$165,958 CAD
  • Listing ID: 30912201

  • Date on Market: 2024-02-08

  • Last Updated:

  • Address: 524 Hinman Ave, Buffalo, NY 14216

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