Retail/Commercial Storefront
3146 North Bailey Avenue Buffalo, NY 14226
3146 North Bailey Avenue, Buffalo, NY, 14226
$700,000
For Sale
$700,000
Former Rent-A-Center storefront with prominent Bailey Avenue frontage and ample on-site parking for flexible retail and office use.
Property Size5,712 SF
Price / SF$122.55
Days on Market21
Property Features for 3146 North Bailey Avenue
General Information
- Standard status
- Active
- Size
- 5,712 SF
- Property subtype
- Street Retail
Building Details
- Year Built
- 1978
Properties For Sale
at 3146 North Bailey Avenue Contact us
Listing agency
Recckio Real Estate & Development, Inc.
(716) 998-4422
Listed by
Rick Recckio · License #31RE0821429
(716) 998-4422
Source
Thebrokerlist
Added: Jul 3 Updated: Jul 22 at 3:30PM Checked: Jul 22 at 3:30PM
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 & Development, Inc.
Investment Insights
Based on property information with market context.
3146 North Bailey Avenue is a retail/commercial storefront property formerly occupied by Rent-A-Center. The building includes a functional commercial layout that can support a range of uses, including retail, showroom, office, medical, educational, service, or destination-oriented operations.
The property is positioned for visibility and customer access with prominent frontage along Bailey Avenue and signage opportunities. It sits on a generous site with ample on-site parking, and is located near the intersection of Bailey Avenue and Eggert Road within the City of Buffalo. Surrounding businesses and residential neighborhoods contribute to a consistent neighborhood presence along an established commercial corridor.
For connectivity, the site is described as providing convenient access to major thoroughfares including Kensington Expressway (Route 33), Interstate 290, and Main Street.
The property is positioned for visibility and customer access with prominent frontage along Bailey Avenue and signage opportunities. It sits on a generous site with ample on-site parking, and is located near the intersection of Bailey Avenue and Eggert Road within the City of Buffalo. Surrounding businesses and residential neighborhoods contribute to a consistent neighborhood presence along an established commercial corridor.
For connectivity, the site is described as providing convenient access to major thoroughfares including Kensington Expressway (Route 33), Interstate 290, and Main Street.
Key Highlights
- Former Rent‑A‑Center storefront; 1978‑built commercial building on Bailey Avenue in the City of Buffalo
- Prominent frontage along Bailey Avenue with customer access suitable for retail, showroom, office, medical, education, service, or destination uses
- Generous site with ample on‑site parking
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 | $89.1k | $15.60 |
| − Vacancy | −$9.6k | −$1.68 |
| EGI | $79.5k | $13.92 |
| − OpEx | −$23.8k | −$4.17 |
| NOI | $55.6k | $9.74 |
5,712 SF · lease $15.60/SF/yr · vacancy 10.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$794.8K
$695.5K – $927.3K
NOI $55,639 @ 7.0% cap · market cap 7.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,154 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Former Rent-A-Center storefront with prominent Bailey Avenue frontage and ample on-site parking for flexible retail and office use.
Where is this storefront property located?
The property is located at 3146 North Bailey Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Former Rent‑A‑Center storefront; 1978‑built commercial building on Bailey Avenue in the City of Buffalo; Prominent frontage along Bailey Avenue with customer access suitable for retail, showroom, office, medical, education, service, or destination uses; Generous site with ample on‑site parking
