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1459-1463 Kensington Ave Buffalo, NY 14215

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For Sale
$3,000,000

Retail investment with redevelopment potential in vibrant neighborhood.

Property size:
53,084 SF
Lot size:
3.23 Acres

Property Features for 1459-1463 Kensington Ave

General Information

Size
53,084 SF
Lot size
3.23 Acres

Source: Cushman & Wakefield | Pyramid Brokerage - Buffalo Agent Benedict J. Borruso

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


Overview

Value-Add Shopping Center Opportunity

This property presents a value-add or owner-user investment opportunity. Up to 24,600 square feet is available for occupancy due to fire damage in August 2023, making it ready for redevelopment or buildout. The property currently has in-place income from eight well-established tenants, occupying a total of 28,484 square feet. Historically, this has been a vibrant neighborhood shopping center with low vacancy. The property is located on a corner with access to two NFTA bus routes and offers easy access to the Kensington Expressway (Route 33). The property, totaling 53,084 square feet, is suitable for retail, medical, and neighborhood services.
Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
-78.8023384
Latitude
42.9418872

FAQs

What type of property is this?
Shopping center - Retail investment with redevelopment potential in vibrant neighborhood.
Where is this shopping center located?
The property is located at 1459-1463 Kensington Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: - Value-add/Owner-user investment opportunity with **up to 24,600 SF available for occupancy.**; - In-place income from eight (8) well-established tenants totaling 28,484 square feet.; - Historically vibrant neighborhood shopping center with low vacancy.
More about this property
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