Western NY Real Estate Blog | Michael McVinney
This Western New York Real Estate Blog covers many topics about Commercial Real Estate as well as Residential Real Estate.
Western NY Real Estate, Real Estate Blog, Learn about Commercial Real Estate
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Western NY Real Estate Blog

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column width="2/3" css=".vc_custom_1614797417157{background-color: #ffffff !important;}"][vc_column_text] Beginners Guide to Real Estate Investing - How Best to Evaluate a Potential Rental Property   Rental property is a generic name for a real estate investment property. There are many types of real estate investment including multifamily, retail, office, self-storage, warehouse, etc. Each different type of real estate investment requires different expertise. For example, a multifamily investment will require someone a little more “people oriented” while a warehouse investment requires knowledge of racking, docking, etc. This example is very basic and there is obviously a lot more to being successful...

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column width="2/3" css=".vc_custom_1614367627132{background-color: #ffffff !important;}"][vc_column_text] Buying a Home? 3 Keys to Qualifying for a Mortgage If you've decided to join the ranks of home ownership, chances are that you'll be financing your new home in Chautauqua, Bemus Point, Lakewood or any other place. When buying a home, most homebuyers secure a mortgage when they purchase a house, and with rising home prices and low interest rates, it shouldn't be much of a surprise. But landing a home loan isn't a guarantee. Mortgage lenders have strict criteria for qualifying for home financing, and, after the foreclosure crisis...

4846 State Route 96. Shortsville, NY - New York. Price: $379,000    *** FRESH AYR FARM MARKET - 21 +/- ACRES *** First time offered For Sale by the original owners of the business. This is a long established Farm Market / Nursery including approximately 21 +/- acres of Land, a 1920sf Farm Market, 2700sf Shop / Warehouse with loading dock and grade level doors, almost 15,000sf of Green Houses, equipment to operate the business and more. Public Water, Propane Fired Generator. Upside opportunity to operate Corn Maze , Haunted Hay Rides, Pumpkin Patch and other "Agritainment" activities. Adjacent 2500+ sf 4 Bedroom...

1 Pratt Avenue. Chautauqua, NY - New York. Price: $189,000    Continue the tradition or make your own dreams come true. This ideal retail space, located in the appealing St. Elmo Concourse, has been successfully run as a charming café, bakery, deli for the past thirty years. The St. Elmo concourse has other retail shops, a spa, and a restaurant so it has high volume traffic during the Chautauqua season. St. Elmo is a year-round building so a business can operate throughout the year or seasonally as the owner wishes. In addition to the actual retail space, this condo includes a designated seating...

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column width="2/3" css=".vc_custom_1614711989423{background-color: #ffffff !important;}"][vc_column_text] Restaurant For Sale | Jamestown, New York 14701 | Coming Soon! This newly remodeled, turnkey restaurant will be listed for sale starting March 3, 2021.  The location is well known throughout the Jamestown, NY market as Hebner Heights Grocery.  In the last few years it has been fully renovated to become a full service restaurant. It has new vinyl siding and a metal roof that will be low maintenance for years to come!  The full commercial kitchen include all new equipment that is included with the sale.  The Seller has...

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="yes" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" z_index=""][vc_column width="2/3" css=".vc_custom_1614191383277{background-color: #ffffff !important;}"][vc_column_text] 4 Tips For Picking a Good Real Estate Agent Picking the right Realtor to sell your home is important. Not only can this decision impact how quickly your home sells, but it can also influence the selling price. You may find it easier to choose an experienced professional who is right for your needs if you use the following strategies to narrow down your choices. 1. Ask People You Know for a Realtor Referral Word-of-mouth recommendations provide a good starting point when you are looking for a real estate agent. Be...

[caption id="attachment_25913" align="alignleft" width="200"] Photo by Anastasia Shuraeva from Pexels[/caption] Flipping a Home? 5 Secrets of the Professionals Ask anyone who's tried their hand at it, or even watch a TV show or two, and you'll realize that flipping a house can be risky. The concept is to buy a home on the cheap, fix it up, and sell it at a tidy profit. Of course, a lot of things can go wrong and eat into that profit. Common mistakes made by beginning house flippers include buying the wrong property to start with, budgeting renovations incorrectly, over-spending on remodeling, and spending on the...

5960 Main Street. Martinsburg, NY - New York. Price: $300,000    Opportunity abounds! If you or your organization has had large visions but lacked the budget to capitalize, this is an amazing opportunity! Listed for sale is the Glenfield Elementary School - which remains in operation through the 2020-2021 school year. With over 40,000 square feet of maintained and usable area the opportunities are endless. Centrally located in the Black River Valley between the Tug Hill and Adirondacks, the location offers easy access off of NYS Route 12, nearby access to the Black River and direct access to ATV and snowmobile trail systems....

33 Lake Avenue. Rochester, NY - New York. Price: $2,500    Amazing auto garage business for lease. Very busy location with prime frontage on Lake Ave. Space includes 2 lifts, large bay door, 16 foot ceilings and exterior parking. Rent includes use of bathroom and shower in basement. Additional 400 sq ft of office space can be rented for $500 per month. Landlord would like a 6 month lease...

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