3640 Delaware Ave Buffalo, NY 14217
- Community centers
- 22,776 SF
- 1.27 lot acres
Current Use by Public Records
- Save A Lot / Grocery Store
- New York Food Project - Food bank, Food Charity / Charity / Non-Profit Organization
- Amazon Locker - Invite / Mailing Service / E-Commerce Service
Property Details for 3640 Delaware Ave
- Year built
- 1941
- Lot size
- 1.27 lot acres
- Property size
- 22,776 SF
- Zone code
- C
- Property type
- Community centers
- APN
- 146489 66.22-5-17.1
- APU
- 14648966225171
Description
This exceptional retail property, located at 3640 Delaware Avenue in Buffalo, New York, presents a significant investment opportunity. The building boasts 26,000 square feet of space spread across two stories, situated on a 1.23-acre lot. Its prime location in the Kenmore town of Tonawanda retail area offers excellent demographics and high visibility. The property benefits from a corner location at a signalized intersection, ensuring maximum exposure to potential customers. Ample parking is available with 70 spaces provided on-site. The building is classified as Class B and is currently offered for sale by owner. This storefront presents a rare chance to acquire a substantial retail space in a thriving commercial area. The property's size and location make it ideal for a variety of retail uses, offering significant potential for growth and return on investment. Detailed information regarding the property's history, lease terms, and financial records are available upon request. Serious inquiries only. The zip code is 14217, and the property is in Erie County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $965,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,090,000
- 6.5%
- $1,095,000
- 7%
- $1,030,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $850,000
- Geo Method
- $925,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $855,000
- Retail
- $1,090,000
- Mixed-Use
- $1,150,000
- Hospitality
- $895,000
- Educational
- $1,040,000
- Residential Income
- $1,135,000
- Energy
- $1,115,000
- Income-Based Land
- $1,025,000
- Food Service
- $1,105,000
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8733
- Latitude
- 42.9834
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA