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    Retail Space with Parking Lot Title is generated by Realmo AI

    8670 Main St, Williamsville, NY

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    Retail property with vacant space and large parking areas.

    Type:RETAIL
    Property size:
    11,193 SF
    Lot size:
    2.61 Acres
    Price / SF:
    $129/SF
    Added:
    Apr 16, 2025
    Days on Market:
    425
    Last Refresh:
    May 19 at 10:18 pm

    Property Features for 8670 Main St

    General Information

    Standard status
    Active
    Size
    11,193 SF
    Lot size
    2.61 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Brian P Donovan
    Brian P Donovan

    Listing agent Brian P Donovan License #10491202934

    Listing office Donovan Real Estate Services

    Listing date Apr 16, 2025

    Source Moodyscre

    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

    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
    • Loading docks conveniently located in rear of vacant space
    • Good visibility from all directions
    • Pylon sign for added visibility

    Overview

    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.

    Local 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 (±1% cap)
    NOI $109,027 @ 7.0% cap · market cap 7.52%
    Second Best
    Industrial
    $1.12M
    $980.0K – $1.31M (±1% cap)
    NOI $78,400 @ 7.0% cap · market cap 5.41%
    Theoretical Best
    Office A
    $2.69M
    $2.36M – $3.14M (±1% cap)
    NOI $188,418 @ 7.0% cap · market cap 12.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Federal Meats - Clarence Take-out & Catering

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Williamsville
    County
    Erie
    State
    New York
    Longitude
    -78.6651
    Latitude
    42.9665

    FAQs

    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
    (716) 998-2943 Call to check price and availability
    More about this property
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