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    49 Illinois St Buffalo, NY 14203

    For Sale
    Contact for pricing

    Established long-term operator, NNN lease, renovated circa-1902 construction.

    Property size:
    9,000 SF
    Lot size:
    0.14 Acres

    Property Features for 49 Illinois St

    General Information

    Size
    9,000 SF
    Lot size
    0.14 Acres

    Source: CBRE | Buffalo Agent Shana Stegner

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

    Overview

    Fully Occupied Retail Property

    This fully occupied retail property features a long-term operator under a NNN lease. Constructed circa-1902 and renovated in 2013, the property has a capacity of 500. The zoning is N-1C Mixed Use Core. The property size is 9,000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Buffalo Iron Works Restaurant Twenty6 Productions Event Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8747272
    Latitude
    42.8744958

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    FAQs

    What type of property is this?
    Retail space - Established long-term operator, NNN lease, renovated circa-1902 construction.
    Where is this retail space located?
    The property is located at 49 Illinois St Buffalo, NY.
    What are key features of this property?
    This property features: - Fully occupied with an established long-term operator in place on a NNN lease; - N-1C Mixed Use Core Zoning; - Renovated in 2013
    (716) 574-9728
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    49 Illinois St Buffalo, NY 14203
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    Buffalo, NY 14203
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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
    49 Illinois St Buffalo, NY 14203
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