6260 Goodrich Rd, Clarence Center, NY 14032

Listing Agency: Recckio Real Estate & Development Show Phone

Listed By: Rick Recckio · License NY 31RE0821429 Show Phone

Source: Moodyscre

Added: Sep 10, 2025 Changed: Oct 26 Last Checked: Nov 12 at 10:39AM

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Investment Insights

Based on property information with market context.

This property features 4,278+/- SF of retail space within a former restaurant building that was later converted to office and daycare use. The building includes a full basement for storage, central air, and 3-phase electric with solid mechanicals. It also offers semi-private backyard space suitable for outdoor patios and events.

The site includes a large on-site lot accommodating 30+ vehicles and sits on over 2.5 acres, providing room for expansion or additional structures. The seller states there are plans and municipal approvals secured for a brewery.

The property presents flexibility for continued use or redevelopment, with potential for retail, professional and medical offices, restaurant or café concepts, or reimagining the site for multi-use commercial development.

Key Highlights

• 4,278+/- SF former restaurant building with central air and 3‑phase electric
• Over 2.5 acres with room for expansion or additional structures
• Large on‑site lot with parking for 30+ vehicles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,465

Cap Rate

7.01%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$769,300 $769.3K

Cap Rate 7%

$549,500 $549.5K

Cap Rate 9%

$427,389 $427.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,278 SF

Gross rent

$61.6K $14.40/SF

− Vacancy

−$6.7K −$1.56/SF

EGI

$55.0K $12.84/SF

− OpEx

−$16.5K −$3.85/SF

NOI

$38.5K $8.99/SF

Area

Erie County, NY

Vacancy

10.80%

Lease Rate

$14.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$769,300

Cap Rate 7%

$549,500

Cap Rate 9%

$427,389

Alternative Uses

Best Use

Retail

$549.5K

$480.8K – $641.1K (±1% cap)

NOI $38,465 @ 7.0% cap · market cap 7.01%

Second Best

Industrial

$268.2K

$234.7K – $312.9K (±1% cap)

NOI $18,775 @ 7.0% cap · market cap 3.42%

Theoretical Best

Office A

$935.2K

$818.3K – $1.09M (±1% cap)

NOI $65,464 @ 7.0% cap · market cap 11.92%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Auto Repair Shop Hair Salon Parking Lot & Garage Nail 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

Yes

Heavy power

Location Intelligence

Trade Area within ½ mile

103

Businesses Nearby

Explore this area Business Placement

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 Retail space in Erie County, NY

$109 Jul

$111 Aug

$112 Sep

$96.38 Oct

Properties on Market for Retail space in Erie County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Frequently Asked Questions

What type of property is this?

Retail space - Former restaurant building offering 4,278+/- SF with central air, 3-phase electric, and extensive on-site parking.

Where is this retail space located?

The property is located at 6260 Goodrich Rd Clarence Center, NY.

What is the asking price?

The asking price for this property is $549,000.

What are key features of this property?

This property features: 4,278+/- SF former restaurant building with central air and 3‑phase electric; Over 2.5 acres with room for expansion or additional structures; Large on‑site lot with parking for 30+ vehicles