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Two-Building Mixed-Use Property

6045 GOODRICH RD, Clarence, NY 14032

For Sale
Contact for pricing

A vacant, open-plan building accompanies a second space occupied by a long-term diner tenant.

Property Size2,200 SF
Price / SF$225
Days on Market8

Property Features for 6045 GOODRICH RD

General Information

Standard status Active
Size 2,200 SF
Property subtype Retail

Additional Details

Corner Location Yes
Tenant in Place Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Hawley Development Corp
Listed By: John Pastore
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 6:31PM

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 Hawley Development Corp

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property comprises two commercial buildings totaling 2,200 SF on a shared corner parcel at Goodrich Road and Maple Street. The 1,000 SF freestanding brick building has an open floor plan, HVAC, and an updated ADA-compliant restroom; it will be delivered vacant. The 1,200 SF CMU block building has a shingle roof, half basement, full attic for storage, and an updated hot water tank. Mardee's Diner occupies that building as a long-term tenant.

A shared paved parking lot serves both buildings. Nearby businesses include Gertie's, Toasted, Clarence Center Coffee Co., and The Perfect Gift. Clarence Center Elementary School and the Clarence Bike Path are also in the surrounding area.

Key Highlights

  • Two commercial buildings totaling 2,200 SF on one corner parcel
  • 1,000 SF freestanding brick building delivered vacant
  • Open floor plan, HVAC, and updated ADA‑compliant restroom in the vacant building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,492
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,840 $529.8K
Cap Rate 7%
$378,457 $378.5K
Cap Rate 9%
$294,356 $294.4K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$39.6K $18.00/SF
− Vacancy
−$4.3K −$1.94/SF
EGI
$35.3K $16.06/SF
− OpEx
−$8.8K −$4.01/SF
NOI
$26.5K $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 Rate 5%
$529,840
Cap Rate 7%
$378,457
Cap Rate 9%
$294,356

Alternative Uses

Best Use
Specialty Retail
$378.5K
$331.2K – $441.5K (±1% cap)
NOI $26,492 @ 7.0% cap · market cap 5.35%
Second Best
Mixed Use
$295.2K
$258.3K – $344.4K (±1% cap)
NOI $20,666 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$480.9K
$420.8K – $561.1K (±1% cap)
NOI $33,665 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Building Supply Restaurant Big Box & Wholesale Store Hair Salon

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Marathon Petroleum Shops & Services
4,374 visits/mo 0.5 miles
Bank on Buffalo Shops & Services
1,989 visits/mo 0.1 miles

Demographics for 14032, NY

9,368
Population
3,936
Households
2.4
Avg Household Size
43
Median Age
58%
College-Educated
96%
High-School Grad
23.9 sq mi
ZIP Area
392
Density / Sq Mi
$160,079
Median Household Income
$71,973
Median Earnings
$1,837
Median Rent
$483,500
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Erie County, NY

$85.97 Jul
$98.99 Aug
$104 Sep
$100 Oct

Properties on Market for Mixed-use properties in Erie County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A vacant, open-plan building accompanies a second space occupied by a long-term diner tenant.
Where is this mixed-use property located?
The property is located at 6045 GOODRICH RD Clarence, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two commercial buildings totaling 2,200 SF on one corner parcel; 1,000 SF freestanding brick building delivered vacant; Open floor plan, HVAC, and updated ADA‑compliant restroom in the vacant building
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Includes: Price & PSF · Cap rate · Location · Zoning

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