Versatile Retail Building Near East
1342 Quaker Rd East Aurora, NY 14052
1342 Quaker Rd, East Aurora, NY, 14052
$599,000
For Sale
$599,000
2,480 SF retail building revitalized in 2022 on 1.2 acres.
Property Size2,480 SF
Lot Size1.20 Acres
Price / SF$241.53
Days on Market138
Property Features for 1342 Quaker Rd
General Information
- Standard status
- Active
- Size
- 2,480 SF
- Lot size
- 1.20 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 10 at 3:47PM Checked: Jul 21 at 5:31AM
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 versatile 2,480 square foot retail building, constructed in 1991 and revitalized in 2022, is situated on 1.2 acres. The property is located near the East Aurora business district, offering accessibility and potential. The design maximizes space utilization, accommodating a range of retail or restaurant ventures. The location is near the Roycroft Campus, Vidler's 5 & 10 store, and Fisher-Price Toy Store. East Aurora provides a small-town ambiance with local businesses. The property is strategically positioned on Route 20A between Orchard Park and East Aurora, offering high visibility and traffic flow.
Key Highlights
- Prime location on busy Route 20A between Orchard Park and East Aurora, offering high visibility and traffic flow.
- Located near the East Aurora business district and iconic attractions, ensuring a steady stream of foot traffic.
- Versatile 2,480 SF free‑standing building suitable for retail or restaurant ventures.
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 | $35.7k | $14.40 |
| − Vacancy | −$3.9k | −$1.56 |
| EGI | $31.9k | $12.84 |
| − OpEx | −$9.6k | −$3.85 |
| NOI | $22.3k | $8.99 |
2,480 SF · lease $14.40/SF/yr · vacancy 10.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$318.6K
$278.7K – $371.7K
NOI $22,299 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$542.1K
$474.4K – $632.5K
NOI $37,950 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mario's Bistro & Brews
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - 2,480 SF retail building revitalized in 2022 on 1.2 acres.
Where is this storefront property located?
The property is located at 1342 Quaker Rd East Aurora, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime location on busy Route 20A between Orchard Park and East Aurora, offering high visibility and traffic flow.; Located near the East Aurora business district and iconic attractions, ensuring a steady stream of foot traffic.; Versatile 2,480 SF free‑standing building suitable for retail or restaurant ventures.
