Depew Office Building For
For Sale
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345 Dick Rd, Depew, NY
6,400 SF office building with lease options.
Property Size6,400 SF
Lot Size0.35 Acres
Days on Market1284
Property Features for 345 Dick Rd
General Information
Standard status
Active
Size
6,400 SF
Lot size
0.35 Acres
Property subtype
OFFICE
Listing Agency:
Hastings Cohn Real Estate
(716) 481-3325
Listed By:
Alan T. Hastings · License #10311203496
(716) 481-3325
Source:
Moodyscre
Added: Jan 25, 2023
Changed: Jul 6
Last Checked: Jul 22 at 3:37AM
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 Hastings Cohn Real Estate
Investment Insights
Based on property information with market context.
This 6,400 square foot office building, constructed in 1970, is located adjacent to a banquet facility. The property includes parking for 25 cars. The roof was replaced in 2009, and the parking lot was repaved in 2005. Zoned C-2 commercial, the property is currently configured with a chiropractor occupying the entire first floor and a portion of the second floor, and is willing to sign a five-year lease. The owner is willing to lease back a 2,000 square foot portion of the second floor or vacate the premises upon sale. The property has a 7.6% cap rate.
Key Highlights
- Excellent 7.6% Cap Rate
- Existing tenant (Chiropractor) willing to sign a five‑year lease
- Potential leaseback opportunity with current owner for 2000 sq. ft. on the 2nd floor, or option to have the space vacated
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - 6,400 SF office building with lease options.
Where is this office building located?
The property is located at 345 Dick Rd Depew, NY.
What are key features of this property?
This property features: Excellent 7.6% Cap Rate; Existing tenant (Chiropractor) willing to sign a five‑year lease; Potential leaseback opportunity with current owner for 2000 sq. ft. on the 2nd floor, or option to have the space vacated