Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2 Main St Depew, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    27,000 SF warehouse with renovated office space for lease.

    Type:INDUSTRIAL
    Property size:
    27,000 SF
    Lot size:
    13.54 Acres
    Added:
    Mar 4, 2025
    Days on Market:
    421
    Last Refresh:
    Apr 5 at 9:57 pm

    Property Features for 2 Main St

    General Information

    Standard status
    Active
    Size
    27,000 SF
    Lot size
    13.54 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 2 Main St Contact us

    We can help!

    Listing Contact
    Edward N. Mills

    Listing agent Edward N. Mills

    Listing office J. R. Militello Realty, Inc

    Listing date Mar 4, 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 J. R. Militello Realty, Inc

    Overview

    Depew Warehouse Space Available

    This property offers approximately 27,000 square feet of warehouse space, including 1,955 square feet of recently renovated office area. The warehouse features clear span areas of 3,904 square feet, 8,895 square feet, and 10,273 square feet, with a 16-foot clear height. It includes two 8’ x 9’ truck docks and two grade doors measuring 12’ x 13’7” and 11'11” x 11'1”. Constructed with a steel frame and masonry, the property is zoned M1. Trailer parking is available. The location is southeast of the Walden and Transit intersection, approximately 4.9 miles or 12 minutes from Route 90 Walden Avenue exit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isch's Mechanical & Performance Auto Repair Shop United Demolition & Excavating ... Construction Company Capozzi Paving Inc. General Contractor Buffalo Tungsten Inc Industrial Manufacturer Bison Steel Inc Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Depew Depot — 3225 14043, 3179 Walden Ave, Depew, NY 14043

    Location Insight

    • Map
    • Local Demand
    City
    Depew
    County
    Erie
    State
    New York
    Longitude
    -78.6953
    Latitude
    42.9085

    Nearby Similar for Lease

    • $1,250/Mo

      Walden Avenue Professional Office Space

      Well-appointed 2nd-floor office space, ideal for professional use.
      3260 Walden Avenue, Depew, NY 14043
      View Details
    • $2,500/Mo

      Retail Space on Broadway Available

      Retail space for rent with high traffic and ample parking.
      4990 Broadway, Depew, NY 14043
      View Details
    • Contact for pricing

      Versatile Space in Catalyst Fitness Plaza

      Medical office, retail, and warehouse spaces available for lease.
      5087 Broadway, Depew, NY 14043
      View Details
    • Contact for pricing

      Prime Location Retail Spaces Available

      Retail spaces for lease with high visibility and traffic.
      5102 Genesee Street , Depew, NY 14043
      View Details
    • Contact for pricing

      Transit Road Commercial Opportunity

      Commercial property on Transit Road with equipment included and parking.
      5460 Transit Road, Depew, NY 14043
      View Details
    • $13 SF/Yr

      Transit Road Retail/Office Space

      High-traffic location near supermarket and new apartments.
      6338-6348 Transit Rd, Depew, NY
      View Details
    • Contact for pricing

      Transit Road Retail Space Available

      Newly renovated 1,200+/- SF retail space on Transit Road.
      6354 Transit Road, Depew, NY 14043
      View Details
    • Contact for pricing

      Well-Appointed Office Space Available

      Office space for lease with private offices and ample parking.
      375 Dick Rd, Depew, NY 14043
      View Details
    • Contact for pricing

      Transit Road Office and Retail

      Office and retail spaces available for rent.
      4721 Transit Rd, Depew, NY 14043
      View Details
    • Contact for pricing

      Depew Warehouse, Manufacturing, Office Space

      800,000+ SF available for warehousing, manufacturing, and office uses.
      2475 George Urban Blvd, Depew, NY
      View Details
    • $12 SF/Yr

      Medical Office & Warehouse Space

      Medical office and warehouse spaces for lease in Depew.
      5087 Broadway, Depew, NY
      View Details
    • Contact for pricing

      Depew Warehouse with Fenced Lot

      17,295 SF warehouse with secure fenced lot for rent.
      2525 George Urban Blvd, Depew, NY
      View Details

    FAQs

    What type of property is this?
    Warehouse - 27,000 SF warehouse with renovated office space for lease.
    Where is this warehouse located?
    The property is located at 2 Main St Depew, NY.
    What are key features of this property?
    This property features: Large clear span areas (3,904 sf, 8,895 sf & 10,273 sf) with 16’ clear height.; Approximately 27,000 SF of total space available.; M1 zoning allows for a variety of uses.
    (716) 856-2872 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Edward N. Mills
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!