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4734 Transit Rd, Depew, NY, 14043
Corner Retail with Apartment

4734 Transit Rd Depew, NY 14043

For Sale
$749,900

Corner storefront property with showroom, offices, basement amenities, parking, and an upper-level one-bedroom apartment.

Property Size2,877 SF
Price / SF$260.65
Days on Market63

Property Features for 4734 Transit Rd

General Information

Standard status Active
Size 2,877 SF
Listing Agency: WNY Metro Roberts Realty
Listed By: Shannon G Szalay · License #10401311154
Source: Exprealty
Added: May 28 Changed: Jul 26 Last Checked: Jul 26 at 4:46AM

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 WNY Metro Roberts Realty

Investment Insights

Based on property information with market context.

This corner storefront property is currently operating as a long-standing jewelry store and offers showroom space, additional private showroom, office space, and a dedicated work area on the main level. The upper level includes a one-bedroom apartment with vaulted ceilings, along with a large secondary office space suitable for owner occupancy or additional rental use. The basement provides added versatility with a kitchenette, bathroom, and ample storage space.

The property is located at a highly visible corner of Transit Rd and French Rd, with plenty of parking on site. A detached 2-car garage and strong exposure from the surrounding roadway make it well-suited to multiple commercial uses.

Existing interior features support a retail and work arrangement, with office and residential components that can be adapted for an owner-user or mixed-use setup based on your operational needs.

Key Highlights

  • Prime corner commercial location at Transit Rd & French Rd with high visibility on a busy intersection
  • Main level includes an inviting showroom plus a private showroom, office space, and dedicated work area
  • Upper level has a spacious one‑bedroom apartment with vaulted ceilings and a large secondary office space

Financial Insights For Office B

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 $58.7k $20.40
− Vacancy −$10.6k −$3.69
EGI $48.1k $16.71
− OpEx −$12.0k −$4.18
NOI $36.1k $12.53
2,877 SF · lease $20.40/SF/yr · vacancy 18.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$515.0K
$450.6K – $600.9K (±1% cap)
NOI $36,051 @ 7.0% cap · market cap 4.81%
Second Best
Mixed Use
$386.1K
$337.8K – $450.4K (±1% cap)
NOI $27,026 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$628.9K
$550.3K – $733.8K (±1% cap)
NOI $44,025 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Jewelry By Geno (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Spa & Massage Center Hair Salon Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Storefront property - Corner storefront property with showroom, offices, basement amenities, parking, and an upper-level one-bedroom apartment.
Where is this storefront property located?
The property is located at 4734 Transit Rd Depew, NY.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Prime corner commercial location at Transit Rd & French Rd with high visibility on a busy intersection; Main level includes an inviting showroom plus a private showroom, office space, and dedicated work area; Upper level has a spacious one‑bedroom apartment with vaulted ceilings and a large secondary office space
More about this property
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