Two-Tenant Retail Storefront
For Sale
$865,000
33 Elm Street, East Aurora, NY 14052
SINGLE_FAMILY - East Aurora, NY
Property Size7,653 SF
Lot Size0.23 Acres
Price / SF$113.03
Days on Market52
Property Features for 33 Elm Street
General Information
Property type
Residential
Property subtype
Office
Zoning
NC
Zoning description
Commercial
Rooms
Basement
Parking
6
Parking features
Paved or Surfaced
Accessibility
Accessible Approach with Ramp
Subdivision
Village/East Aurora
Lot features
Rectangular, Rectangular Lot
Elementary school district
East Aurora
Middle school district
East Aurora
High school district
East Aurora
Standard status
Active
APN
142401-176-050-0001-004-000
Size
7,653 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
13159
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Separate Meters, Central Air
Water source
Public
Amenities
dining area
full kitchen
second floor office and storage space
outdoor patio area
commercial kitchen
exterior walk-in cooler and freezer storage
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Concrete
Building materials
AtticCrawlHatchwaysInsulated, Masonry
Roof type
Metal
Listing Agency:
Gurney Becker & Bourne
(716) 849-1234
Listed By:
Gary Greco Jr · License #10401251303
(716) 208-5340
Added: Jun 11
Changed: Aug 1
Last Checked: Aug 1 at 10:06AM
MLS# B1689909
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located just off Main Street in the Village of East Aurora, 33 Elm Street is a well maintained retail storefront property featuring two premier tenants. The left storefront, home to The Grove, offers approximately 2,800 square feet of recently renovated retail space with a welcoming front counter and workstation, a cozy dining area with soaring ceilings, a full kitchen, second floor office and storage space, and an outdoor patio area.
The right storefront is occupied by Babcia's Pierogi and encompasses approximately 1,800 square feet. This space includes a quick service ordering counter, a dining area with generous storefront views, a fully functional commercial kitchen with an oversized hood system, and exterior walk-in cooler and freezer storage. Both storefronts are occupied by established tenants under long-term leases.
The property totals 7,653 square feet, is zoned NC, and sits on a 0.2298-acre site with approximately six dedicated parking spaces. Capital improvements under current ownership include updated exterior paint plus plumbing, electrical, and mechanical systems. Built in 1920 with masonry construction, the building features a metal roof, concrete flooring, natural gas forced air heating, central air with separate meters, public water, and an accessible approach with a ramp.
The right storefront is occupied by Babcia's Pierogi and encompasses approximately 1,800 square feet. This space includes a quick service ordering counter, a dining area with generous storefront views, a fully functional commercial kitchen with an oversized hood system, and exterior walk-in cooler and freezer storage. Both storefronts are occupied by established tenants under long-term leases.
The property totals 7,653 square feet, is zoned NC, and sits on a 0.2298-acre site with approximately six dedicated parking spaces. Capital improvements under current ownership include updated exterior paint plus plumbing, electrical, and mechanical systems. Built in 1920 with masonry construction, the building features a metal roof, concrete flooring, natural gas forced air heating, central air with separate meters, public water, and an accessible approach with a ramp.
Key Highlights
- Two renovated retail storefronts occupied by long‑term tenants
- Left storefront: approximately 2,800 SF with full kitchen and outdoor patio
- Right storefront: approximately 1,800 SF with commercial kitchen and oversized hood
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.2k | $14.40 |
| − Vacancy | −$11.9k | −$1.56 |
| EGI | $98.3k | $12.84 |
| − OpEx | −$29.5k | −$3.85 |
| NOI | $68.8k | $8.99 |
7,653 SF · lease $14.40/SF/yr · vacancy 10.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,157 @ 7.0% cap · market cap 10.65%
Second Best
Retail
$983.0K
$860.1K – $1.15M
NOI $68,811 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,109 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14052, NY
17,679
Population
7,603
Households
2.3
Avg Household Size
47
Median Age
47%
College-Educated
96%
High-School Grad
61.2 sq mi
ZIP Area
289
Density / Sq Mi
$103,474
Median Household Income
$57,093
Median Earnings
$992
Median Rent
$312,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Two renovated retail storefronts with full commercial kitchens, central air, and six dedicated parking spaces.
Where is this storefront property located?
The property is located at 33 Elm Street East Aurora, NY.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Two renovated retail storefronts occupied by long‑term tenants; Left storefront: approximately 2,800 SF with full kitchen and outdoor patio; Right storefront: approximately 1,800 SF with commercial kitchen and oversized hood
