Drug Store

Buffalo, NY Drug Stores for Sale

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Redevelopment Opportunity Former Rite Aid
Updated: Mar 19
Redevelopment Opportunity Former Rite Aid

2474 Bailey Ave, Buffalo, NY 14215

Contact for pricing
10,209 sqft
High‑traffic location in Buffalo, NY.
Redevelopment opportunity with value‑add potential.
Flexible layout suitable for various commercial uses (retail, medical, grocery, etc.).
Ample parking.
Strong frontage.
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Rite Aid NNN Investment
Updated: Apr 21, 2025
Rite Aid NNN Investment

2401 Genesee St, Buffalo, NY

Contact for pricing
11,421 sqft 1.30 AC lot
Tenant is Rite Aid
28‑year Triple Net (NNN) lease commenced 8/20/1999
Located at 2401 Genesee Street, Cheektowaga, New York 14225
Annual rent is $247,667
Scheduled rent increases in options
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Buffalo, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant CVS Pharmacy
Single-Tenant CVS Pharmacy

175 E 4th St, Dunkirk, NY 14048

Contact for pricing
10,125 sqft

CVS operates under a long-term lease with periodic 5% increases and a lease guaranty from CVS Health.

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Drug Store and Healthcare Property
Drug Store and Healthcare Property

1208 Scottsville Rd, Rochester, NY 14624

Contact for pricing
25,032 sqft

For sale healthcare and retail property totaling 25,032 square feet, with public remarks referencing Fresenius and Walgreens.

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Former Walgreens Retail Store
Former Walgreens Retail Store

327 Main Street, Dunkirk, NY 14048

Contact for pricing

For-sale retail property identified as a dark Walgreens location on Main Street in Dunkirk, NY.

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Single-Tenant Drug Store NNN
Single-Tenant Drug Store NNN

665 Long Pond Rd, Rochester, NY 14612

Contact for pricing

Part of a 7-asset NNN drug store portfolio leased to Walgreens and CVS.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Rochester Development Site on Corner
Rochester Development Site on Corner

2032 Lyell Avenue, Rochester, NY 14606

$399,999
1,350 sqft 0.13 AC lot

High-visibility corner lot suitable for various commercial uses.

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Cleared Lot in Garrettsville Village
Cleared Lot in Garrettsville Village

10937 Fox Den Circle, Garrettsville, OH 44231

$59,000
0.25 AC lot

Ready-to-build 0.25 acre lot with utilities in Garrettsville, OH.

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Commercial Land in Ogdensburg, NY
Commercial Land in Ogdensburg, NY

720 Canton, Ogdensburg, NY 13669

$100,000
8,500 sqft

Commercial land with frontage on Canton St, near Kinney Drugs.

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16 Acre Commercial Land Parcel
16 Acre Commercial Land Parcel

2621 ROUTE 9, Malta, NY 12020

$1,170,000
16.00 AC lot

16-acre commercial land with development potential in Malta, NY.

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Buffalo, NY Drug Stores Market Trends and Statistics

Explore 2 drug stores for sale in Buffalo, NY on our real estate platform. These investment opportunities span a total of 21,630 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 140
Automotive properties 68
Auto shops 40
Shopping centers 26
Grocery and convenience stores 13

Demographics Overview

Population 586K
Population Growth (5Y) +6.8%
Median Household Income $63,542
College Educated 37.6%

Taxes & Financing

Tax Rate (average for all types) 2.47%
Property Tax per SF $30.36 per SF
Tax Rate vs County Average 1.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Erie County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Erie County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Buffalo fall within the 10,000 to 25,000 square foot range.

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