Mixed-Use River Road
2809 River Road Buffalo, NY 14207
2809 River Road, Buffalo, NY, 14207
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For Sale
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Mixed-use property with a storefront, office, and oversized service bays plus an attached 3-bedroom residence.
Property Size5,520 SF
Price / SF$181.16
Days on Market19
Property Features for 2809 River Road
General Information
- Standard status
- Active
- Size
- 5,520 SF
- Property subtype
- Retail, Mixed Use
Building Details
- Year Built
- 1988
Listing agency
716 Realty Group
(716) 266-6691
Listed by
Gregory Straus · License #NY 10491211091
Source
Crexi
Added: Jul 3 Updated: Jul 20 at 7:39PM Checked: Jul 21 at 6:15AM
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 716 Realty Group
Investment Insights
Based on property information with market context.
This mixed-use offering includes three buildings total, combining commercial space with an attached residential home. The commercial building features a storefront, dedicated office space, and two oversized service bays, supported by ample paved off-street parking. Connected to the commercial space is a high-end 3-bedroom, 2.5-bath residence with a loft, highlighted by a kitchen with granite countertops, a center island, stainless steel appliances, and a built-in wine refrigerator. Interior features include a spiral staircase and skylights that bring natural light to the upper level, along with a second-floor covered porch.
Additional improvements include a first-floor heated shop sized to fit four or more cars, a rear detached 2.5-car garage, and a separate freestanding 2-bay garage with an office. The property sits on a prominent corner lot with outstanding visibility along River Road, with close proximity to both on- and off-highway access. Sale includes both addresses, 2809 River Road and 2813 River Road, with square footage, acreage, and taxes combined for the two properties.
Additional improvements include a first-floor heated shop sized to fit four or more cars, a rear detached 2.5-car garage, and a separate freestanding 2-bay garage with an office. The property sits on a prominent corner lot with outstanding visibility along River Road, with close proximity to both on- and off-highway access. Sale includes both addresses, 2809 River Road and 2813 River Road, with square footage, acreage, and taxes combined for the two properties.
Key Highlights
- 1988 mixed‑use property with 3 buildings on River Road, on a prominent corner lot with on/off highway access nearby.
- Sale includes both addresses: 2809 and 2813; square footage, acreage, and taxes are combined for both properties.
- Commercial building offers a storefront, dedicated office space, and 2 oversized service bays for a range of business uses.
Local Financial Insights For Office B
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 | $112.6k | $20.40 |
| − Vacancy | −$20.8k | −$3.77 |
| EGI | $91.8k | $16.63 |
| − OpEx | −$22.9k | −$4.16 |
| NOI | $68.8k | $12.47 |
5,520 SF · lease $20.40/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$983.3K
$860.4K – $1.15M
NOI $68,832 @ 7.0% cap · market cap 6.88%
Second Best
Mixed Use
$851.7K
$745.2K – $993.6K
NOI $59,616 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,921 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Mixed-use property with a storefront, office, and oversized service bays plus an attached 3-bedroom residence.
Where is this live-work space located?
The property is located at 2809 River Road Buffalo, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 1988 mixed‑use property with 3 buildings on River Road, on a prominent corner lot with on/off highway access nearby.; Sale includes both addresses: 2809 and 2813; square footage, acreage, and taxes are combined for both properties.; Commercial building offers a storefront, dedicated office space, and 2 oversized service bays for a range of business uses.
