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    6766 Transit Rd Buffalo, NY 14221

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    For Lease
    Contact for pricing

    11,500 SF Retail Building, 2.4 Acres

    Lot size:
    11,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,500-square-foot retail property, located at 6766 Transit Road in Buffalo, New York, presents a unique investment opportunity. Situated on a generous 2.4-acre lot, the single-story building, constructed in 1971, offers significant potential for redevelopment or repurposing. Previously utilized as a banquet facility, the building's shell is currently available for sale or ground lease. The property's zoning allows for a variety of uses, including storefront retail, restaurant, and storefront/office space. The expansive lot size provides ample room for expansion or additional development. The property's location on Transit Road offers high visibility and accessibility, making it an ideal location for a variety of businesses. The property's Assessed Parcel Number (APN) is 142289-082-090-0006-018-110. Furthermore, the property's layout allows for the possibility of division into two separate development parcels, providing flexibility for potential buyers or lessees. This presents a rare chance to acquire a substantial property in a prime Buffalo location with significant upside potential. The property is ready for a new owner or tenant to bring their vision to life. Serious inquiries are encouraged.

    Property Features for 6766 Transit Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,500 SF

    Building Details

    Year Built
    1971
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    11,500 SF

    HighLights

    • 380 feet of frontage on Transit Road.
    • Signalized intersection at NY State Thruway; rear access from McKinley Avenue.
    • 11,500‑square‑foot building shell (former banquet facility) on a 2.4‑acre lot.
    • Divisible into two development parcels.
    • Sale, ground lease, or lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Protocol Restaurant Seafood Restaurant WNY Rapid Testing ... Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -78.697084089097
    Latitude
    42.952297155163

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    FAQs

    What type of property is this?
    Restaurant - 11,500 SF Retail Building, 2.4 Acres
    Where is this restaurant located?
    The property is located at 6766 Transit Rd Buffalo, NY.
    What are key features of this property?
    This property features: 380 feet of frontage on Transit Road.; Signalized intersection at NY State Thruway; rear access from McKinley Avenue.; 11,500-square-foot building shell (former banquet facility) on a 2.4-acre lot.
    Request Owner's contact information
    6766 Transit Rd Buffalo, NY 14221
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    Buffalo, NY 14221
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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
    6766 Transit Rd Buffalo, NY 14221
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