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    942 Main St Buffalo, NY 14202

    Sponsored
    For Sale
    Contact for pricing

    Prime Redevelopment Site, .09 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional .09-acre commercial lot presents a unique redevelopment opportunity in the heart of downtown Buffalo, NY. Located at the northwest corner of Main Street and Allen Street, this cleared and level lot boasts a highly desirable corner location with direct access to a traffic signal, ensuring excellent visibility and accessibility. The property is zoned for commercial use, offering flexibility for a wide range of development projects. Its strategic position places it within walking distance of City Hall, the Erie County Courthouse, and the vibrant Chippewa Street entertainment district. The surrounding area is densely populated with restaurants, bars, offices, major corporate headquarters, and prominent hotels, creating a thriving and dynamic environment. The site's proximity to the Medical Campus Corridor further enhances its appeal and potential for significant return on investment. With dimensions of approximately 33 feet by 118 feet, this property offers a compelling chance to capitalize on Buffalo's burgeoning downtown scene. The address is 942 Main St, Buffalo, NY 14202. This is a rare opportunity to acquire a prime commercial parcel in a high-demand location.

    Property Features for 942 Main St

    General Information

    Property type
    Land
    Lot Size
    3,920 SF

    HighLights

    • Redevelopment opportunity available.
    • Corner lot with high visibility.
    • Traffic signalized intersection provides excellent access.
    • Site is cleared and ready for development.
    • Zoned for commercial use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.870247722616
    Latitude
    42.89940350948

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    FAQs

    What type of property is this?
    Land - Prime Redevelopment Site, .09 Acres
    Where is this land located?
    The property is located at 942 Main St Buffalo, NY.
    What are key features of this property?
    This property features: Redevelopment opportunity available.; Corner lot with high visibility.; Traffic signalized intersection provides excellent access.
    (716) 834-7777
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    942 Main St Buffalo, NY 14202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    942 Main St Buffalo, NY 14202
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