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    2491 Delaware Ave Buffalo, NY 14216

    For Sale
    $650,000

    Former restaurant with apartments, suitable for redevelopment or retail.

    Property size:
    8,077 SF

    Property Features for 2491 Delaware Ave

    General Information

    Size
    8,077 SF

    Building Details

    Year built
    1960

    Source: Joseph Farrauto Agent Joseph Farrauto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Delaware Avenue Restaurant Opportunity

    Located at the intersection of Delaware Avenue and Tacoma in North Buffalo, this property features over 8000 square feet and formerly housed a long-established restaurant. The updated building includes ceramic tile flooring, two dining areas with a bar, and updated bathrooms. It also contains two apartments. The property benefits from off-street parking and a basement. The extra-large kitchen is equipped with some equipment, including a walk-in cooler and freezer. The basement provides storage space. This property is suitable for development, a medical office, a restaurant, or retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Buffalo Caterers, Crazy Cannoli Chick, Graze and Gather, Moe's Southwest Grill, Rosalind's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8686035
    Latitude
    42.9518411

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with apartments, suitable for redevelopment or retail.
    Where is this restaurant located?
    The property is located at 2491 Delaware Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime location at Delaware Ave and Tacoma in North Buffalo.; - Large 8000+ sq ft building suitable for various uses.; - Includes two apartments for additional income potential.
    (716) 465-2063
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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
    2491 Delaware Ave Buffalo, NY 14216
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