2297-2303 Main St Buffalo, NY 14214
- Lifestyle centers
- 11,824 SF
- 0.51 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 2297-2303 Main St
- Year built
- 1900
- Lot size
- 0.51 lot acres
- Property size
- 11,824 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8467
- Latitude
- 42.932
