Fully Equipped Restaurant with
For Sale
Contact for pricing
672 Wehrle Dr, Buffalo, NY 14225
Restaurant space features a full-service bar, commercial kitchen, and audio/visual system with flexible seating layouts.
Property Size8,368 SF
Price / SF$167.30
Days on Market307
Property Features for 672 Wehrle Dr
General Information
Standard status
Active
Size
8,368 SF
Property subtype
RETAIL
Additional Details
Furnished
Yes
Equipment Included
Yes
Listing Agency:
Hunt Commercial - Buffalo
(716) 854-5943
Listed By:
Alan Hastings · License #10311203496
(716) 481-3325
Source:
Moodyscre
Added: Nov 12, 2025
Changed: Sep 6
Last Checked: Sep 14 at 7:05AM
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 Hunt Commercial - Buffalo
Investment Insights
Based on property information with market context.
This conventional restaurant is offered fully equipped for immediate operation, with a commercial grade kitchen and all included tables, chairs, utensils, and other equipment. The interior includes a full service bar in the entrance lobby, and the space has 14 ft ceilings. An audio/visual system is in place to support events and dining.
The layout can be easily divided into two separate dining rooms, with options for a 158-seat configuration and a 100-seat configuration. The property is approximately 8,368 SF and is located at 672 Wehrle Dr, Buffalo, NY 14225.
With the existing kitchen and bar improvements, along with the included furniture and equipment, the space is well-suited for an operator looking for a ready-to-run restaurant buildout with the flexibility to support multiple room setups.
The layout can be easily divided into two separate dining rooms, with options for a 158-seat configuration and a 100-seat configuration. The property is approximately 8,368 SF and is located at 672 Wehrle Dr, Buffalo, NY 14225.
With the existing kitchen and bar improvements, along with the included furniture and equipment, the space is well-suited for an operator looking for a ready-to-run restaurant buildout with the flexibility to support multiple room setups.
Key Highlights
- Commercial grade kitchen and full‑service bar in the entrance lobby
- All tables, chairs, utensils, and other equipment included
- 14 ft ceilings
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
$95,947
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
6.85%
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%
$1,918,940
$1.9M
Cap Rate 7%
$1,370,671
$1.4M
Cap Rate 9%
$1,066,078
$1.1M
Market Conditions
NOI Build-Up for 8,368 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
$140.6K $16.80/SF
− Vacancy
−$12.7K −$1.51/SF
EGI
$127.9K $15.29/SF
− OpEx
−$32.0K −$3.82/SF
NOI
$95.9K $11.47/SF
Area
Buffalo, NY
Vacancy
9.00%
Lease Rate
$16.80 /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%
$1,918,940
Cap Rate 7%
$1,370,671
Cap Rate 9%
$1,066,078
Alternative Uses
Best Use
Specialty Retail
$1.37M
$1.20M – $1.60M
NOI $95,947 @ 7.0% cap · market cap 6.85%
Second Best
Industrial
$837.3K
$732.7K – $976.9K
NOI $58,612 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,864 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14225, NY
34,066
Population
16,253
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,962
Density / Sq Mi
$65,562
Median Household Income
$44,408
Median Earnings
$937
Median Rent
$154,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Buffalo, NY
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space features a full-service bar, commercial kitchen, and audio/visual system with flexible seating layouts.
Where is this conventional restaurant located?
The property is located at 672 Wehrle Dr Buffalo, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Commercial grade kitchen and full‑service bar in the entrance lobby; All tables, chairs, utensils, and other equipment included; 14 ft ceilings
