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Buffalo, NY Drug Stores for Sale

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Redevelopment Opportunity Former Rite Aid
$2,500,000
10,209 SF

Redevelopment Opportunity Former Rite Aid

2474 Bailey Ave, Buffalo, NY 14215

Freestanding former Rite Aid in high-traffic Buffalo location.

  • 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.
Updated: Mar 19
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Rite Aid NNN Investment
Contact for pricing
11,421 SF

Rite Aid NNN Investment

2401 Genesee St, Buffalo, NY

NNN leased Rite Aid in Cheektowaga, New York.

  • 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
Updated: Apr 21, 2025
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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.

Explore Opportunities in Nearby Cities

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

Former Rite Aid Plaza Available
Contact for pricing
18,900 SF

Former Rite Aid Plaza Available

Retail space with drive-thru, excellent visibility, and pylon signage.

4407 Military Road, Niagara Falls, NY 14305
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Hornell Retail Property for Sale
$5,190,000
13,813 SF

Hornell Retail Property for Sale

Retail property with long-term lease and rental increases.

12 Park Dr, Hornell, NY
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Retail Building Available For Sale
Contact for pricing
19,500 SF

Retail Building Available For Sale

19,500 SF retail building in Niagara Falls, NY.

4407 Military Rd, Niagara Falls, NY
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Walgreens with Drive Thru
$5,190,000
13,813 SF

Walgreens with Drive Thru

Walgreens in Hornell, NY with absolute NNN lease.

12 Park Dr, Hornell, NY 14843
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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
$399,999
1,350 SF

Rochester Development Site on Corner

High-visibility corner lot suitable for various commercial uses.

2032 Lyell Avenue, Rochester, NY 14606
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Commercial Land in Ogdensburg, NY
$119,900

Commercial Land in Ogdensburg, NY

Commercial land with high visibility in Ogdensburg, New York.

720 Canton, Ogdensburg, NY 13669
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16 Acre Commercial Land Parcel
$1,170,000
16.00 Acres

16 Acre Commercial Land Parcel

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

2621 ROUTE 9, Malta, NY 12020
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Prime Commercial Lot in Perryville
$489,900
1.10 Acres

Prime Commercial Lot in Perryville

High-exposure commercial lot with frontage on Perryville Road and Aiken Avenue.

1105 PERRYVILLE Road, Perryville, MD 21903
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Buffalo, NY Drug Stores Investment Opportunities Market Analysis

Explore 2 drug stores for sale in Buffalo, NY on our real estate platform. These investment opportunities span a total of 10,209 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for pharmacies in Buffalo, NY start at $2,500,000, averaging $2,500,000, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Operating Costs & Financing

Buffalo property taxes are below the county average by 1.02 percentage points. Average Loan-to-Value is 65.0%.

Effective Property Tax $30.36 per sq ft
Tax Rate 2.47%
Tax Rate vs County Average 1.02 pp below county avg
Avg Loan-to-Value 65.0%

Property Size Breakdown

Most commercial real estate listings in Buffalo range between 10,000 - 25,000 sqft.

New Listings Trend, 12 Mo

Number of new listings by month over the past year in Buffalo.

Leading Commercial Asset Segments

Storefront properties 71
Automotive properties 67
Auto shops 34
Shopping centers 25
Parking lots & garages 18

Buffalo Demographics Overview

Population 580K
Population Growth (5Y) +6.8%
Median Household Income $63,542
College Educated 48.9%

Top Neighborhoods for Investment

Discover the areas of Buffalo with the highest concentration of for-sale assets and compare their average market prices.

Neighborhood Price Range Average Price
14202 $650K - 650K $650K
14214 $1.3M - 1.3M $1.3M

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