Two-Space Mixed-Use
For Sale
$699,000
36 Main Street, Hamburg, NY 14075
CommercialSale, Hamburg, NY
Property Size5,240 SF
Lot Size0.18 Acres
Price / SF$133.40
Days on Market11
Property Features for 36 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CBD
Zoning description
Business
Rooms
Basement
Parking
4
Parking features
Paved or Surfaced
Lot features
Rectangular, Rectangular Lot
Elementary school district
Hamburg
Middle school district
Hamburg
High school district
Hamburg
Directions
GPS
Subdivision
Hamburg-Village-144803
Standard status
Active
APN
144803-196-090-0006-012-100
Size
5,240 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
17681
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1900
Floors in Building
1
Number of units
2
Building materials
Block
Roof type
Flat
Listing Agency:
WNY Metro Roberts Realty
(716) 646-6400
Listed By:
Kimberly Van Tine · License #10401249244
(716) 536-9309
Added: Aug 10
Changed: Aug 19
Last Checked: Aug 20 at 4:06PM
MLS# B1705809
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.
This mixed-use commercial building contains 5,240 square feet within two separate commercial spaces occupied by restaurant and boutique retail uses. The property includes a basement, block construction, a flat roof, forced-air heating supplied by natural gas, and central air conditioning. Paved parking and public water service are also provided.
Built in 1900, the property occupies 0.1769 acres along Main Street in Hamburg. Its CBD zoning supports its established commercial configuration, while the separate spaces provide distinct operating layouts for the existing restaurant and retail uses.
Built in 1900, the property occupies 0.1769 acres along Main Street in Hamburg. Its CBD zoning supports its established commercial configuration, while the separate spaces provide distinct operating layouts for the existing restaurant and retail uses.
Key Highlights
- 5,240 square feet of mixed‑use commercial space
- Two separate commercial spaces with restaurant and boutique retail uses
- CBD zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,100
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,262,000
$1.3M
Cap Rate 7%
$901,429
$901.4K
Cap Rate 9%
$701,111
$701.1K
Market Conditions
NOI Build-Up for 5,240 SF
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.
Gross rent
$94.3K $18.00/SF
− Vacancy
−$10.2K −$1.94/SF
EGI
$84.1K $16.06/SF
− OpEx
−$21.0K −$4.01/SF
NOI
$63.1K $12.04/SF
Area
Erie County, NY
Vacancy
10.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,262,000
Cap Rate 7%
$901,429
Cap Rate 9%
$701,111
Alternative Uses
Best Use
Specialty Retail
$901.4K
$788.8K – $1.05M
NOI $63,100 @ 7.0% cap · market cap 9.03%
Second Best
Mixed Use
$703.2K
$615.3K – $820.4K
NOI $49,223 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,185 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Home Improvements & Furnishings 9%
Dollar Tree
Shops & Services
15,250 visits/mo
0.4 miles
7-Eleven
Shops & Services
6,355 visits/mo
0.4 miles
Bank of America
Shops & Services
5,757 visits/mo
0.1 miles
KeyBank
Shops & Services
4,651 visits/mo
0.1 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
3,772 visits/mo
0.4 miles
Demographics for 14075, NY
44,053
Population
20,164
Households
2.2
Avg Household Size
46
Median Age
38%
College-Educated
96%
High-School Grad
39.4 sq mi
ZIP Area
1,118
Density / Sq Mi
$82,083
Median Household Income
$50,934
Median Earnings
$1,129
Median Rent
$246,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - CBD-zoned commercial property with separate restaurant and boutique retail spaces.
Where is this mixed-use property located?
The property is located at 36 Main Street Hamburg, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 5,240 square feet of mixed‑use commercial space; Two separate commercial spaces with restaurant and boutique retail uses; CBD zoning
