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Depew Office Building For Sale
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345 Dick Rd, Depew, NY

6,400 SF office building with lease options.

Property Size6,400 SF
Lot Size0.35 Acres
Days on Market1284

Property Features for 345 Dick Rd

General Information

Standard status Active
Size 6,400 SF
Lot size 0.35 Acres
Property subtype OFFICE
Listing Agency: Hastings Cohn Real Estate
Listed By: Alan T. Hastings · License #10311203496
Source: Moodyscre
Added: Jan 25, 2023 Changed: Jul 6 Last Checked: Jul 22 at 3:37AM

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 Hastings Cohn Real Estate

Investment Insights

Based on property information with market context.

This 6,400 square foot office building, constructed in 1970, is located adjacent to a banquet facility. The property includes parking for 25 cars. The roof was replaced in 2009, and the parking lot was repaved in 2005. Zoned C-2 commercial, the property is currently configured with a chiropractor occupying the entire first floor and a portion of the second floor, and is willing to sign a five-year lease. The owner is willing to lease back a 2,000 square foot portion of the second floor or vacate the premises upon sale. The property has a 7.6% cap rate.

Key Highlights

  • Excellent 7.6% Cap Rate
  • Existing tenant (Chiropractor) willing to sign a five‑year lease
  • Potential leaseback opportunity with current owner for 2000 sq. ft. on the 2nd floor, or option to have the space vacated

Property Analytics

Current Use

DeMarco Chiropractic PLLC ... Alternative Medicine Practice Sabers Chiropractic, PLLC Alternative Medicine Practice Jason D. Cichocki, ... Alternative Medicine Practice Angela Smith Physician Kelly Koestler LMT Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Barber Shop Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 6,400 SF office building with lease options.
Where is this office building located?
The property is located at 345 Dick Rd Depew, NY.
What are key features of this property?
This property features: Excellent 7.6% Cap Rate; Existing tenant (Chiropractor) willing to sign a five‑year lease; Potential leaseback opportunity with current owner for 2000 sq. ft. on the 2nd floor, or option to have the space vacated
(716) 481-3325 Call to check price and availability
More about this property
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