Restaurant with Commercial
New
For Sale
$699,000
29 Wehrle Dr, Buffalo, NY 14225
The sale includes the land, building, furnishings, equipment, and operating business.
Property Size3,400 SF
Days on Market4
Property Features for 29 Wehrle Dr
General Information
Standard status
Active
Size
3,400 SF
Property subtype
Retail
Restaurant
Seating Capacity
91
Commercial Hood
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Currently Operating
Yes
Building Details
Building Size
3,400 SF
Year Built
1960
Buildings
1
Listing Agency:
Hunt Commercial - Buffalo
Listed By:
Kaitlin Lafferty · License #10401389958
(716) 319-7833
Source:
Huntcommercial
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 1:19PM
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 Hunt Commercial - Buffalo
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Investment Insights
Based on property information with market context.
This restaurant property includes a 3,400-square-foot building and 1,124 square feet of basement storage, with on-site parking and seating for 91. The commercial kitchen is equipped with an exhaust hood, fryers, flat-top grills, a walk-in cooler and freezer, and additional equipment. The sale encompasses the land, building, furniture, equipment, and business. The building dates to 1960, and recent improvements include kitchen equipment, restaurant furniture, an air-conditioning unit, and restroom updates.
The property is at Wehrle Drive and Harlem Road, at a roundabout. Nearby context includes residential neighborhoods and commercial businesses.
The property is at Wehrle Drive and Harlem Road, at a roundabout. Nearby context includes residential neighborhoods and commercial businesses.
Key Highlights
- 3,400‑square‑foot restaurant with 1,124 square feet of basement storage
- Commercial kitchen includes exhaust hood, fryers, flat‑top grills, walk‑in cooler and freezer
- Seating capacity of 91 and on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,984
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,680
$779.7K
Cap Rate 7%
$556,914
$556.9K
Cap Rate 9%
$433,156
$433.2K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$57.1K $16.80/SF
− Vacancy
−$5.1K −$1.51/SF
EGI
$52.0K $15.29/SF
− OpEx
−$13.0K −$3.82/SF
NOI
$39.0K $11.47/SF
Area
Buffalo, NY
Vacancy
9.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,680
Cap Rate 7%
$556,914
Cap Rate 9%
$433,156
Alternative Uses
Best Use
Specialty Retail
$556.9K
$487.3K – $649.7K
NOI $38,984 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$817.6K
$715.4K – $953.9K
NOI $57,234 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14225, NY
34,066
Population
16,253
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,962
Density / Sq Mi
$65,562
Median Household Income
$44,408
Median Earnings
$937
Median Rent
$154,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Buffalo, NY
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes the land, building, furnishings, equipment, and operating business.
Where is this conventional restaurant located?
The property is located at 29 Wehrle Dr Buffalo, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,400‑square‑foot restaurant with 1,124 square feet of basement storage; Commercial kitchen includes exhaust hood, fryers, flat‑top grills, walk‑in cooler and freezer; Seating capacity of 91 and on‑site parking
