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Property profile & analytics
OFF-MARKET
Lifestyle centers

2297-2303 Main St Buffalo, NY 14214

11,824 SF 0.51 ac lot Built 1900
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 1900
Total area 11,824 SF
Lot 0.51 ac (21,998 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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