Retail Space with Parking
8670 Main St Williamsville, NY
For Sale
Contact for pricing
Retail property with vacant space and large parking areas.
Property Size11,193 SF
Lot Size2.61 Acres
Price / SF$129.55
Days on Market470
Property Features for 8670 Main St
General Information
Standard status
Active
Size
11,193 SF
Lot size
2.61 Acres
Property subtype
RETAIL
Listing Agency:
Donovan Real Estate Services
(716) 998-2943
Listed By:
Brian P Donovan · License #10491202934
Source:
Moodyscre
Added: Apr 16, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Donovan Real Estate Services
Investment Insights
Based on property information with market context.
This retail property features vacant space suitable for a new tenant or owner-operator. The property includes loading docks located at the rear of the vacant space. A large retail parking lot is situated in the front, complemented by large asphalt and stone parking fields in the rear. The property benefits from good visibility from all directions and includes a pylon sign to enhance visibility. There is potential for additional buildings to be constructed on the lot. The property size is 11193 square feet.
Key Highlights
- Upside with room for additional buildings on the lot
- Vacant space ideal for new tenant or owner/operator
- Large retail parking lot in front
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 | $174.6k | $15.60 |
| − Vacancy | −$18.9k | −$1.68 |
| EGI | $155.8k | $13.92 |
| − OpEx | −$46.7k | −$4.17 |
| NOI | $109.0k | $9.74 |
11,193 SF · lease $15.60/SF/yr · vacancy 10.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.56M
$1.36M – $1.82M
NOI $109,027 @ 7.0% cap · market cap 7.52%
Second Best
Industrial
$1.12M
$980.0K – $1.31M
NOI $78,400 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,418 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail property with vacant space and large parking areas.
Where is this retail space located?
The property is located at 8670 Main St Williamsville, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Upside with room for additional buildings on the lot; Vacant space ideal for new tenant or owner/operator; Large retail parking lot in front
