2188 Kensington Ave Amherst, NY 14226
- Turn key restaurants
- 2,120 SF
- 0.18 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 2188 Kensington Ave
- Year built
- 1958
- Lot size
- 0.18 lot acres
- Property size
- 2,120 SF
- Property type
- Turn key restaurants
- APN
- 142289 80.14-1-24
- APU
- 1422898014124
Description
This exceptional 2,580-square-foot executive office space is located at 2188 Kensington Ave in Amherst, NY, Erie County, zip code 14226. The property is a Class B building offering a single-tenant occupancy. The building boasts an all-brick exterior with excellent curb appeal, making it highly visible. The interior features an open floor plan, ideal for various office configurations. Ample parking is provided with eight dedicated spaces, supplemented by additional overflow parking options nearby. The convenient location offers easy access to major thoroughfares, including Harlem Road, and is situated near a variety of retail establishments such as Tops Friendly Markets, CVS, Rite Aid, Walgreens, Bank of America, and McDonald's. The surrounding area features high-end residential properties, with a strong population density (126,000 within a 3-mile radius and 260,000 within a 10-minute drive), boasting average median home values exceeding $167,000 and household incomes above $97,000. This prime location, combined with the building's attractive features, presents a unique opportunity for businesses seeking a well-appointed and easily accessible office space in a thriving community. The property is currently vacant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $160,000
- 6.5%
- $175,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $205,000
- Mixed-Use
- $170,000
- Hospitality
- $200,000
- Educational
- $180,000
- Residential Income
- $195,000
- Energy
- $185,000
- Income-Based Land
- $185,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.7789
- Latitude
- 42.9528
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA