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    752 Delavan Ave Buffalo, NY 14215

    For Sale
    $899,000

    Prime Buffalo retail space, strong income.

    Property size:
    11,270 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A retail building in Buffalo, NY, presents a compelling value-add investment opportunity. Located at 752 E Delavan Ave, this 11,270 square foot property sits on a 0.82-acre lot and boasts 6,506 square feet of net rentable space. Currently featuring a multi-tenant occupancy, the building includes a long-term lease with KeyBank occupying 4,102 square feet. The property's zoning (D-S: Retail Strip) allows for diverse uses, making it ideal for owner-users seeking immediate cash flow or investors looking to capitalize on its potential. Built in 1997, this single-story building offers excellent visibility and accessibility, situated conveniently near downtown Buffalo and the Kensington Expressway, just 0.25 miles from Erie County Medical Center. The area is rich with amenities, including gas stations and fast-food restaurants. The asking price is $899,000, translating to $79.77 per square foot. This property is a rare find, offering a blend of existing income and significant upside potential for a variety of retail, medical, or discount store uses. The modified lease structure provides flexibility for future tenants. Don't miss this chance to acquire a high-performing asset in a thriving location.

    Property Features for 752 Delavan Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    11,270 SF
    Class
    A
    Lot Size
    35,719 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Class A retail building, 11,270 square feet, on a 0.82‑acre lot in Buffalo, NY.
    • 6,506 square feet of net rentable space with multi‑tenant occupancy, including a long‑term KeyBank lease (4,102 sq ft).
    • Located at 752 E Delavan Ave, near downtown Buffalo and the Kensington Expressway, 0.25 miles from Erie County Medical Center.
    • D‑S (Retail Strip) zoning allows for diverse uses, including retail, medical, and discount stores.
    • Asking price: $899,000 ($79.77/sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    KeyBank Bank Keybank National Association Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -78.8285527
    Latitude
    42.9224735

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    FAQs

    What type of property is this?
    Individual retail property - Prime Buffalo retail space, strong income.
    Where is this individual retail property located?
    The property is located at 752 Delavan Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Class A retail building, 11,270 square feet, on a 0.82-acre lot in Buffalo, NY.; 6,506 square feet of net rentable space with multi-tenant occupancy, including a long-term KeyBank lease (4,102 sq ft).; Located at 752 E Delavan Ave, near downtown Buffalo and the Kensington Expressway, 0.25 miles from Erie County Medical Center.
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    752 Delavan Ave Buffalo, NY 14215
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    Buffalo, NY 14215
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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
    752 Delavan Ave Buffalo, NY 14215
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