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Property profile & analytics

389 Connecticut St Buffalo, NY 14213

  • Retail properties
  • 8,158 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 389 Connecticut St

Year built
1920
Property size
8,158 SF
Property type
Retail properties
Property subtype
Retail space

Description

This exceptional retail property in Buffalo, NY, offers two street-level units totaling 8,158+/- square feet, situated in a vibrant, up-and-coming area of the historic West Side, near downtown and the Elmwood Village. The larger unit (950+/- sq ft) is ideal for a restaurant, coffee shop, or similar establishment, featuring a private 25'x50' rear lot perfect for outdoor seating and a basement for storage. This unit is offered at a gross rent of $2,000. The smaller unit (300+/- sq ft) is well-suited for a salon, barber shop, or similar business and is available for a gross rent of $1,000. Both units could be combined. The building, constructed in 1920 and renovated in 2015, is a two-story structure with commercial zoning in Erie County (14213 zip code). Located on Connecticut Street, this property benefits from high foot traffic and excellent visibility, situated along a bus route. The property's location within a densely populated area and proximity to major developments presents a significant opportunity for businesses seeking high visibility and affordable rent in a rapidly growing neighborhood. The building's features include ample street-level space, and the larger unit's outdoor space and basement storage add significant value. This is a rare opportunity for a startup or established business seeking a prime location in Buffalo.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.8865
Latitude
42.9063
More about this property
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