Functional Auto Garage on
3260 Bailey Ave Buffalo, NY 14215
3260 Bailey Ave, Buffalo, NY, 14215
$275,000
For Sale
$275,000
Renovated 2-bay garage with ample parking and corner exposure.
Property Size1,050 SF
Lot Size0.19 Acres
Price / SF$261.90
Days on Market138
Property Features for 3260 Bailey Ave
General Information
- Standard status
- Active
- Size
- 1,050 SF
- Lot size
- 0.19 Acres
- Property subtype
- Retail
Listing agency
Recckio Real Estate and Development
(716) 998-4422
Listed by
Rick Recckio · License #NY #31RE0821429
(716) 998-4422
Source
Recckio
Added: Mar 5 Updated: Jul 6 at 10:26AM Checked: Jul 21 at 4:52AM
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 Recckio Real Estate and Development
Investment Insights
Based on property information with market context.
This fully functional auto garage is located at the corner of Bailey Avenue and Dartmouth Avenue. The recently renovated, 2-bay garage space is suitable for businesses seeking high visibility. The building encompasses 1,050+/- square feet on a 0.19+/- acre lot. Situated at a traffic light intersection, the property benefits from a premium location and ample parking. The layout includes a small office and additional upstairs space. The property is centrally located on Bailey Avenue, at the corner of Bailey and Dartmouth, between the University at Buffalo South campus and the Kensington Expressway Route 33. An adjacent lot to the south of Dartmouth is also available for sale at an additional price.
Key Highlights
- Premium corner location at a traffic light intersection on Bailey & Dartmouth Avenue.
- Fully functional 2‑bay auto garage.
- Excellent exposure due to high‑traffic location.
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 | $16.4k | $15.60 |
| − Vacancy | −$1.8k | −$1.68 |
| EGI | $14.6k | $13.92 |
| − OpEx | −$4.4k | −$4.17 |
| NOI | $10.2k | $9.74 |
1,050 SF · lease $15.60/SF/yr · vacancy 10.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$146.1K
$127.9K – $170.5K
NOI $10,228 @ 7.0% cap · market cap 3.72%
Second Best
Industrial
$105.1K
$91.9K – $122.6K
NOI $7,355 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$252.5K
$220.9K – $294.6K
NOI $17,675 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
My-Way Motors
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Automotive Battery & Tire — 3218 Bailey Ave, Buffalo, NY 14215
- Tom's Car & Truck Repair — 800 Kensington Ave, Buffalo, NY 14215
- Workman's AUTOMOTIVE — 309 Dartmouth Ave, Buffalo, NY 14215
- Buffalo Mobile Mechanic — 52 Andover Ave, Buffalo, NY 14215
- MMM Auto Service — 3218 Bailey Ave, Buffalo, NY 14215
FAQs
What type of property is this?
Auto shop - Renovated 2-bay garage with ample parking and corner exposure.
Where is this auto shop located?
The property is located at 3260 Bailey Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Premium corner location at a traffic light intersection on Bailey & Dartmouth Avenue.; Fully functional 2‑bay auto garage.; Excellent exposure due to high‑traffic location.
