Two-Storefront Retail and Restaurant
33 Elm Street East Aurora, NY 14052
For Sale
$865,000
SINGLE_FAMILY - East Aurora, NY
Property Size7,653 SF
Lot Size0.23 Acres
Price / SF$113.03
Days on Market48
Property Features for 33 Elm Street
General Information
Property type
Residential
Property subtype
Office
Zoning
NC
Rooms
Basement
Parking
6
Parking features
Paved or Surfaced
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
142401-176-050-0001-004-000
Size
7,653 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
13159
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Separate Meters, Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Concrete
Building materials
AtticCrawlHatchwaysInsulated, Masonry
Roof type
Metal
Listing Agency:
Gurney Becker & Bourne
(716) 849-1234
Listed By:
Gary Greco Jr · License #10401251303
(716) 208-5340
Added: Jun 11
Changed: Jul 28
Last Checked: Jul 28 at 2:06PM
MLS# B1689909
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
33 Elm Street is a well-maintained commercial property featuring two premier retail storefronts. The left storefront, occupied by The Grove, offers approximately 2,800 square feet of recently renovated space with a welcoming front counter and workstation, a dining area with soaring ceilings, a full kitchen, and second-floor office and storage. The right storefront, occupied by Babcia's Pierogi, includes approximately 1,800 square feet of renovated restaurant space with a quick-service ordering counter, a dining area with generous storefront views, and a fully functional commercial kitchen with an oversized hood system. Exterior walk-in cooler and freezer storage are also included. The property has undergone significant capital improvements under current ownership, including updated exterior paint and plumbing, electrical, and mechanical systems, and includes an outdoor patio area.
The building is located just off Main Street in the Village of East Aurora. The property is zoned NC and provides approximately six dedicated parking spaces for tenant and customer use.
This offering is well suited for an investor seeking a multi-tenant setup with operational restaurant and retail layouts, given both storefronts are occupied by established tenants under long-term leases. It also offers an operator the benefit of purpose-built commercial kitchen infrastructure and dedicated parking for customer access.
The building is located just off Main Street in the Village of East Aurora. The property is zoned NC and provides approximately six dedicated parking spaces for tenant and customer use.
This offering is well suited for an investor seeking a multi-tenant setup with operational restaurant and retail layouts, given both storefronts are occupied by established tenants under long-term leases. It also offers an operator the benefit of purpose-built commercial kitchen infrastructure and dedicated parking for customer access.
Key Highlights
- Two occupied retail storefronts: approx. 2,800 SF and approx. 1,800 SF, leased by established tenants under long‑term leases
- Recently renovated left storefront (The Grove) includes front counter/workstation, dining area, full kitchen, and second‑floor office and storage
- Recently renovated right storefront (Babcia's Pierogi) features quick‑service ordering counter, dining area, and fully functional commercial kitchen
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 | $110.2k | $14.40 |
| − Vacancy | −$11.9k | −$1.56 |
| EGI | $98.3k | $12.84 |
| − OpEx | −$29.5k | −$3.85 |
| NOI | $68.8k | $8.99 |
7,653 SF · lease $14.40/SF/yr · vacancy 10.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,157 @ 7.0% cap · market cap 10.65%
Second Best
Retail
$983.0K
$860.1K – $1.15M
NOI $68,811 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,109 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Fern Croft Floral — East Aurora, NY 14052
- Flowers By Nature — Back Entrance, 572 Main St, East Aurora, NY 14052
Frequently Asked Questions
What type of property is this?
Storefront property - Well-maintained property with two renovated storefronts and dedicated parking, currently occupied under long-term leases.
Where is this storefront property located?
The property is located at 33 Elm Street East Aurora, NY.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Two occupied retail storefronts: approx. 2,800 SF and approx. 1,800 SF, leased by established tenants under long‑term leases; Recently renovated left storefront (The Grove) includes front counter/workstation, dining area, full kitchen, and second‑floor office and storage; Recently renovated right storefront (Babcia's Pierogi) features quick‑service ordering counter, dining area, and fully functional commercial kitchen
