Storefront Retail
301 Franklin St Buffalo, NY 14202
301 Franklin St, Buffalo, NY, 14202
Contact for pricing
For Sale
Contact for pricing
For sale retail storefront at 301 Franklin St in Buffalo, NY.
Property Size9,290 SF
Price / SF$150.70
Days on Market174
Property Features for 301 Franklin St
General Information
- Standard status
- Active
- Size
- 9,290 SF
- Property subtype
- Retail
Listing agency
Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
(716) 852-7500
Listed by
Richard J. Schechter · License #NY 30SC0879149
Source
Crexi
Added: Jan 28 Updated: Jul 20 at 4:48PM Checked: Jul 21 at 6:53AM
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 Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Investment Insights
Based on property information with market context.
This for-sale retail property is offered as a storefront commercial asset in Buffalo, New York. The offering is categorized as a storefront/retail space within the commercial real estate market.
The property is located at 301 Franklin St, providing a straightforward retail address for prospective tenants, buyers, and brokers evaluating storefront-style space. Its current listing details are provided under a for-sale transaction, with no additional building specs or unit configuration stated in the available information.
Interested parties should review the full offering materials to confirm interior layout, improvements, and any leasing or operational considerations specific to the space.
The property is located at 301 Franklin St, providing a straightforward retail address for prospective tenants, buyers, and brokers evaluating storefront-style space. Its current listing details are provided under a for-sale transaction, with no additional building specs or unit configuration stated in the available information.
Interested parties should review the full offering materials to confirm interior layout, improvements, and any leasing or operational considerations specific to the space.
Key Highlights
- For sale retail storefront at 301 Franklin St in Buffalo, NY
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 | $144.9k | $15.60 |
| − Vacancy | −$15.7k | −$1.68 |
| EGI | $129.3k | $13.92 |
| − OpEx | −$38.8k | −$4.17 |
| NOI | $90.5k | $9.74 |
9,290 SF · lease $15.60/SF/yr · vacancy 10.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,491 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.95M – $2.61M
NOI $156,384 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dinosaur Bar-B-Que
Restaurant
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FAQs
What type of property is this?
Storefront property - For sale retail storefront at 301 Franklin St in Buffalo, NY.
Where is this storefront property located?
The property is located at 301 Franklin St Buffalo, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: For sale retail storefront at 301 Franklin St in Buffalo, NY
