Property profile

1495 Hertel Ave Buffalo, NY 14216

OFF-MARKET
Retail properties & Spaces
21,467 SF Built 1920
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Property summary

AI-generated overview

This exceptional 1,200 square foot inline retail space is situated on the vibrant Hertel Avenue in Buffalo's North Park neighborhood. Located within a larger building (21,467 total square feet) constructed in 1920, this two-story building offers a fantastic opportunity to join a thriving commercial corridor. The space is available with a modified gross lease, including CAMs. Utilities are the responsibility of the tenant. Hertel Avenue boasts a diverse mix of established and new businesses, including restaurants, bars, and shops, catering to a young and dynamic demographic. The area is anchored by the recently restored North Park Theatre, creating a lively and attractive atmosphere. This location benefits from high visibility and foot traffic, making it ideal for a variety of retail ventures. The building shares space with popular establishments like Lloyd Taco and Sterling Tap & Wurst, ensuring a strong and established tenant base. This is a unique chance to establish a presence in one of Buffalo's most sought-after commercial districts, known for its blend of classic and contemporary businesses. The property's prime location and the energy of the surrounding neighborhood offer significant potential for growth and success. Erie County location, zip code 14216.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1920
Total area 21,467 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
  • Cosmetic Store
  • Nail Salon

Location

1495 Hertel Ave Buffalo, NY 14216
Buffalo 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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