Retail/Commercial Storefront
For Sale
$700,000
3146 North Bailey Avenue, Buffalo, NY 14226
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 Market112
Property Features for 3146 North Bailey Avenue
General Information
Standard status
Active
Size
5,712 SF
Property subtype
Retail
Zoning
Commercial
Additional Details
Highway Access
Yes
Listing Agency:
Recckio Real Estate & Development, Inc.
Listed By:
Rick Recckio · License #NY #31RE0821429
(716) 998-4422
Source:
Recckio
Added: Jul 3
Changed: Oct 4
Last Checked: Oct 20 at 7:15PM
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.
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Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,639
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,112,780
$1.1M
Cap Rate 7%
$794,843
$794.8K
Cap Rate 9%
$618,211
$618.2K
Market Conditions
NOI Build-Up for 5,712 SF
Gross rent
$89.1K $15.60/SF
− Vacancy
−$9.6K −$1.68/SF
EGI
$79.5K $13.92/SF
− OpEx
−$23.8K −$4.17/SF
NOI
$55.6K $9.74/SF
Area
Buffalo, NY
Vacancy
10.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,112,780
Cap Rate 7%
$794,843
Cap Rate 9%
$618,211
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 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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14226, NY
29,861
Population
13,282
Households
2.2
Avg Household Size
38
Median Age
57%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
4,328
Density / Sq Mi
$83,023
Median Household Income
$48,994
Median Earnings
$1,093
Median Rent
$237,500
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?
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
