1463 Hertel Avenue, Buffalo, NY 14216

Listing Agency: MJ Peterson Real Estate

Listed By: Michael Concialdi · License NY #10401396635 Show Phone

Source: Crexi

Added: Oct 19 Changed: Nov 8 Last Checked: Nov 10 at 6:20AM

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Investment Insights

Based on property information with market context.

A 5,684-square-foot restaurant property at 1463 Hertel Avenue in Buffalo, New York, has an existing buildout and equipment. The property is offered for sale.

Key Highlights

• 5,684 square feet of restaurant space
• Existing restaurant buildout and equipment
• 1463 Hertel Avenue, Buffalo, NY 14216

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply Real Estate Agency Electrical Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

780

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 14216, NY

22,979

Population

12,773

Households

1.8

Avg Household Size

37

Median Age

54%

College-Educated

94%

High-School Grad

2.8 sq mi

ZIP Area

8,207

Density / Sq Mi

$70,260

Median Household Income

$47,823

Median Earnings

$1,152

Median Rent

$260,700

Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in Buffalo, NY

$133 Jul

$135 Aug

$123 Sep

$115 Oct

Properties on Market for Conventional restaurants in Buffalo

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Buffalo, NY

4.7% 2019

8.8% 2020

8.4% 2021

8.6% 2022

8.1% 2023

8.4% 2024

10.8% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The premises include an existing restaurant buildout and equipment.

Where is this conventional restaurant located?

The property is located at 1463 Hertel Avenue Buffalo, NY.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: 5,684 square feet of restaurant space; Existing restaurant buildout and equipment; 1463 Hertel Avenue, Buffalo, NY 14216