1431-1479 Kensington Ave, Buffalo, NY 14215
Cleve-Hill Plaza, located at 1431-1479 Kensington Avenue in Buffalo, NY (zip code 14215), presents a unique investment opportunity. This 53,084 square foot retail shopping center sits on a 3.4-acre lot and offers significant redevelopment potential. Currently, there are 34,000 square feet of vacant space available, divisible into units ranging from a minimum of 9,400 square feet to a maximum contiguous space of 24,600 square feet. The property boasts ample parking with 175 spaces, ensuring convenient access for customers. Situated in Erie County, this multi-tenant property is ideally positioned for a variety of retail uses. The existing structure provides a solid foundation for a revitalization project, allowing for the creation of a modern and thriving retail destination. This prime location offers high visibility and accessibility, making it an attractive proposition for businesses seeking to establish or expand their presence in the Buffalo market. The substantial vacant space presents a blank canvas for creative redevelopment, allowing for customization to suit specific tenant needs. This is an exceptional opportunity to acquire a significant retail asset in a growing area.
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.