2297-2303 Main St Buffalo, NY 14214
This exceptional value-add investment property, located at 2297-2303 Main Street in Buffalo, NY, presents a compelling opportunity for owner-operators. The 11,824 square foot, two-story building boasts eight units and sits on a 0.505-acre lot. Built in 1900, the property offers significant potential for renovation and repositioning. Currently configured as a mixed-use building, the property's prime location between Sister's Hospital and the UB South campus provides excellent visibility and accessibility. The existing structure presents a unique chance to create four new retail storefronts, each benefiting from on-site parking for 15 vehicles. Additionally, the property includes space suitable for warehouse storage, featuring a large grade-level door, and the potential to develop four new residential units. The asking price is $724,900. This property offers substantial curb appeal and significant upside potential for a savvy investor seeking to capitalize on the strong demand in this vibrant Buffalo neighborhood. The property's zoning and specific unit configurations should be independently verified. This is an investment property with a strong potential for return. The property features a total of 15 parking spaces.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.