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    1875 Niagara St Buffalo, NY 14207

    Sponsored
    For Sale
    $775,000

    Prime Buffalo retail space, redevelopment potential.

    Property size:
    23,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23,200-square-foot storefront property at 1875 Niagara Street in Buffalo, New York, presents a compelling redevelopment opportunity. Located in the heart of the Niagara Street/Black Rock Renaissance area, this mixed-use building offers significant potential for a variety of uses. The property boasts a 0.23-acre lot and features a 13' clear span per floor, providing ample space for creative design and layout. Convenient access is ensured by a 10' overhead grade door, a 30' dual-axle-fitting loading dock door, and a freight elevator. The building also benefits from recently updated features, including new storefront windows and Marvin windows on the second and third floors. The carriage house roof was replaced in 2022, and the main building's roof is in excellent condition. Currently, two first-floor tenants are leasing space and may be open to continuing their tenancy under new ownership. This prime location, right off the Thruway on Niagara Street, offers exceptional visibility and accessibility. The entire 23,200 square feet is available. This is an ideal investment for those seeking a high-impact redevelopment project in a thriving urban neighborhood.

    Property Features for 1875 Niagara St

    General Information

    Property type
    Individual retail properties
    Square Feet
    23,200 SF
    Lot Size
    10,019 SF

    HighLights

    • Redevelopment opportunity in prime Buffalo location.
    • 13' clear span per floor.
    • 10' overhead grade door, freight elevator, and 30' dual‑axle loading dock.
    • High‑visibility location off the Thruway on Niagara Street.
    • New storefront and Marvin windows (2nd & 3rd floors).
    • Recently replaced carriage house roof; main roof in excellent condition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Buffalo Beds Home Goods Store The Story Garage Antique Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.90247566
    Latitude
    42.93509515

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    FAQs

    What type of property is this?
    Individual retail property - Prime Buffalo retail space, redevelopment potential.
    Where is this individual retail property located?
    The property is located at 1875 Niagara St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Redevelopment opportunity in prime Buffalo location.; 13' clear span per floor.; 10' overhead grade door, freight elevator, and 30' dual-axle loading dock.
    Request Owner's contact information
    1875 Niagara St Buffalo, NY 14207
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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
    1875 Niagara St Buffalo, NY 14207
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