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    1456 Hertel Ave Buffalo, NY 14216

    For Sale
    $499,900

    Prime Buffalo Location, High Traffic Area

    Property size:
    3,898 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 3,898 square foot commercial property, situated on a 0.08-acre lot at 1456 Hertel Avenue in Buffalo, NY, presents a remarkable opportunity for a savvy investor. Currently configured as a bar/restaurant with a spacious three-bedroom residential unit upstairs, this versatile space offers immense potential for a variety of businesses. The ground floor boasts ample seating for over 50 patrons, complemented by a 11x27 foot covered patio accessible via three panel glass retracting doors – ideal for outdoor dining or customer interaction. The high-traffic location on bustling Hertel Avenue in the North Buffalo district ensures a built-in customer base, with numerous nearby retail establishments and significant daily pedestrian and vehicular traffic. The property benefits from the support and events organized by the Hertel Business Association, fostering a thriving small business environment. The upper-level residential unit adds further value and flexibility. This property is priced at $499,900 and offers a unique blend of commercial and residential space, making it an attractive investment in a vibrant and growing neighborhood. The adaptable layout allows for customization to suit a wide range of business needs, capitalizing on the strong local economy and the area's supportive business community. The combination of high visibility, convenient location, and existing infrastructure makes this a truly exceptional opportunity.

    Property Features for 1456 Hertel Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,898 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1951
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.85413
    Latitude
    42.94798

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Buffalo Location, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 1456 Hertel Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $499,900.
    (716) 668-7788
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    1456 Hertel Ave Buffalo, NY 14216
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    Buffalo, NY 14216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1456 Hertel Ave Buffalo, NY 14216
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