3720 Park Ave, Buffalo, NY 14219
This exceptional investment opportunity encompasses two prime commercial properties in Buffalo, NY, totaling 9,728 square feet. The main building, 3720 South Park Ave, features five commercial units, four currently leased, and one vacant unit with a previous rental history of $1,200/month, offering potential for increased rent or owner occupancy. An adjacent single-tenant building at 4220 Lake Ave is also included, currently under lease. Strategically located at a high-traffic corner in Blasdell/Hamburg, this property benefits from approximately 27,000 cars passing daily, ensuring high visibility. Both buildings are meticulously maintained, boasting recent updates and providing 24 parking spaces, along with a digital billboard for added advertising potential. The property is classified as Class B, with a gross lease type and 90% occupancy. The asking price is $1,050,000, representing a compelling 7.5% cap rate. Detailed financial statements, including income and expense reports, are available upon request. This multi-unit complex presents a fantastic investment opportunity with significant upside potential. The property is suitable for a variety of uses, including creative office, executive office, and medical office spaces.
-
Coppola Michael A DDS Dental Office
-
One Strike Buffalo Isshin Ryu Karate And Kobudo LLC Sports School
-
Amy Richter Orthodontics Dental Office
-
WILLCARE Nursing Agency Home Health Care Service
-
Inner Light WNY Alternative Medicine Practice
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
Similar Nearby for Lease
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.