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    12759-12775 Broadway St Alden, NY 14004

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    For Lease
    Contact for pricing

    Former restaurant space available in a busy shopping center.

    Property size:
    1,140 SF
    Lot size:
    10.10 Acres

    Property Features for 12759-12775 Broadway St

    General Information

    Size
    1,140 SF
    Lot size
    10.10 Acres

    Source: Recckio Real Estate & Development Agent Rick Recckio

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

    Overview

    Restaurant Space in Alden Plaza

    Located in Alden, NY, this property is situated within a shopping center anchored by Tops Markets on Broadway (State Rt 20). The available space, formerly a restaurant, offers 1,140 square feet. Remodeled in 2019, it features a new hood and is suited for restaurant use. The surrounding area has a population exceeding 106,160, with an average household income of $69,073 within a 10-mile radius. Current tenants in the plaza include Tops Markets, McDonalds, Nail Salon, Alden Dental, Subway, New York Liquor Store, and Dollar Tree. Ample paved parking is available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Alden
    County
    Erie
    State
    New York
    Longitude
    -78.510507
    Latitude
    42.8938749

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant space available in a busy shopping center.
    Where is this restaurant located?
    The property is located at 12759-12775 Broadway St Alden, NY.
    What are key features of this property?
    This property features: - Turn-key restaurant opportunity with existing hood and recent 2019 remodel.; - Located within a retail plaza anchored by Tops Markets and other major tenants like McDonalds and Dollar Tree.; - Excellent demographics: Over 106,160 population with $69,073 average household income within a 10-mile radius.
    (716) 998-4422
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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
    12759-12775 Broadway St Alden, NY 14004
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