2487 Niagara Falls BlvdBuffalo, NY 14228

Property Details for 2487 Niagara Falls Blvd

Year built

1974

Lot size

0.67 AC

Property size (Sq ft)

2,005 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

142289 40.10-6-9.1

APU

1422894010691

Description

This exceptional 2,005-square-foot free-standing retail or restaurant space presents a remarkable leasing opportunity in Amherst, NY. Located on Niagara Falls Boulevard, this Class C building boasts a highly visible location with substantial foot traffic and proximity to other established businesses such as Ted's, Anderson's, and Checkers. Built in 1974, the property is situated conveniently off the I-290 exit, ensuring easy accessibility. The single-tenant space is currently vacant and fully equipped as a turnkey restaurant, including seating for 96 customers with existing furniture and kitchen equipment. Ample on-site parking is available, complemented by prominent pylon signage for enhanced visibility. This property is situated in Erie County and offers a rare chance to establish or relocate a thriving business in a densely populated area with strong retail presence. The space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $534,654

  6.5%

  $493,527

  7%

  $458,275

• Comparable approach

  Method

  Valuation

  Relative Method

  $483,381

  Geo Method

  $317,859

• Alternative Use

  Use

  Valuation

  Residential

  $416,308

  Hospitality

  $381,336

  Educational

  $317,267

  Medical

  $328,178

  Retail

  $493,527

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

43.0222

Longitude

-78.8215

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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