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Property profile

5132 Transit Rd Depew, NY 14043

OFF-MARKET
Retail properties & Spaces
3,791 SF 0.45 ac lot Built 1927
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Property summary

AI-generated overview

This 3,791 sq ft storefront, located at 5132 Transit Rd, Depew, NY 14043, is offered at $550,000. The property, built in 1927 and renovated in 2020, sits on a 0.45-acre lot (APN 143089-115-050-0006-020-100) and is zoned 05C. Currently vacant, this single-unit building presents a turnkey opportunity for a salon or similar business. Its prime location in a high-traffic area ensures excellent visibility and accessibility, with ample parking nearby. The interior is modern and designed to accommodate multiple services, including hair styling, nail care, and massage therapy. The property's established reputation and loyal clientele base provide a strong foundation for continued success. This owner/user investment offers diverse revenue streams and significant growth potential. The property features a welcoming reception area and is fully equipped for immediate operation. This is a rare opportunity to acquire a thriving business in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1927
Total area 3,791 SF
Lot 0.45 ac (19,602 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center
  • Hair Salon Nail Salon

Location

5132 Transit Rd Depew, NY 14043
Depew metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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