Property profile

252 Kenmore Ave Buffalo, NY 14223

FOR LEASE
Automotive properties
Property ID
US63-2556463
3,500 SF 0.35 ac lot Built 1972
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity presents the chance to acquire a thriving, turnkey auto repair business and retail dealership located at 252 Kenmore Ave, Buffalo, NY. Boasting a prime location with high traffic counts, this well-established business has enjoyed consistent success for over 40 years. The substantial 3,500 square foot building features four overhead doors, four lifts, and ample office space, ensuring efficient operations. The property also includes a sizable 0.35-acre lot providing extensive customer parking and a large retail area. The building's infrastructure is well-maintained and ready for immediate use. The current owners have demonstrated a long history of profitability and are potentially willing to assist with a smooth transition period, providing valuable continuity and expertise to the new owner. This presents a rare chance to step into a profitable, established business with a proven track record in a desirable location. The asking price for this exceptional property is $699,900. This is an ideal investment for a business owner or investor seeking a turnkey operation with significant growth potential. Don't miss this unique opportunity to own a successful and established business in a high-demand market.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1972
Total area 3,500 SF
Lot 0.35 ac (15,189 SF)
Zoning code N-3E
APN 140200 79.38-3-1.1
UPID US63-2556463

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop Vehicle Inspection Center

Location

252 Kenmore Ave Buffalo, NY 14223
Buffalo metro Census 4601 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$225k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

N-3E · Buffalo, NY
Zoning description

3.1.8 N-3E Mixed-Use Edge 3-10 3.1.9 N-3R Residential 3-11 3.1.10 N-4-30 Single-Family 3-12 3.1.11 N-4-50 Single-Family 3-13 3.2 Building T ypes........................................3-14 3.2.1 General 3-14 3.2.2 Attach…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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