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    1625 Broadway St Buffalo, NY 14212

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    For Lease
    Contact for pricing

    12,738 SF Retail Building, High-Density Area

    Lot size:
    12,738 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,738-square-foot retail property at 1625 Broadway Street in Buffalo, New York, presents a unique investment opportunity. Located in Erie County, this single-tenant building sits on a generous 2.04-acre lot, offering ample space and visibility. Currently vacant, the entire 12,738 square feet is available for lease, providing a blank canvas for a wide range of retail concepts. The building's former use as a Rite Aid pharmacy speaks to its established location within a high-density residential and commercial area, ensuring a strong potential customer base. The property's strategic positioning offers excellent accessibility and high foot traffic, making it an ideal location for businesses seeking significant exposure. This is a rare opportunity to acquire a substantial retail space in a thriving Buffalo neighborhood. The property's size and location make it suitable for a variety of retail uses, offering significant potential for growth and return on investment. The 14212 zip code ensures easy access to major transportation routes and a diverse population. Detailed property information and lease terms are available upon request. This property is ready for immediate occupancy.

    Property Features for 1625 Broadway St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,738 SF

    Unit(s) available at that property

    Space
    Rite Aid
    Size
    12,738 SF

    HighLights

    • 2‑acre site in high‑density neighborhood.
    • 15,000 vehicles per day (VPD) traffic count.
    • 12,738 SF vacant retail building available for lease in Buffalo, NY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rite Aid Photo Photo Lab Western Union Money Transfer Service higi Health Consultant Nichole Sperrazzo Pharmacy Brienne Nichols Pharmacy

    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
    -78.8147811
    Latitude
    42.8963086

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    FAQs

    What type of property is this?
    Retail property - 12,738 SF Retail Building, High-Density Area
    Where is this retail property located?
    The property is located at 1625 Broadway St Buffalo, NY.
    What are key features of this property?
    This property features: 2-acre site in high-density neighborhood.; 15,000 vehicles per day (VPD) traffic count.; 12,738 SF vacant retail building available for lease in Buffalo, NY.
    Request Owner's contact information
    1625 Broadway St Buffalo, NY 14212
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    Buffalo, NY 14212
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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
    1625 Broadway St Buffalo, NY 14212
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