Property profile

1582 Main St Buffalo, NY 14209

OFF-MARKET
Other car washes
Property ID
US63-0877768
3,600 SF 0.56 ac lot Built 1940
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a single-story, operating car wash located on a 0.56-acre lot measuring approximately 117' by 217' with an irregular depth. It sits at the intersection of Main Street and East Ferry Street, and is positioned near major transportation routes including the Kensington Expressway (Route 33) and the NYS Thruway (I-190), with access to central areas of Western New York and Southern Ontario. The site is near downtown Buffalo and medical and institutional uses including Children’s Hospital and Roswell Cancer Institute, as well as nearby commercial development including hotels, office buildings, restaurants, and retail. The property is under commercial zoning that supports potential conversion to uses such as a restaurant with a drive-through, retail, or an office building, and it can also serve as a development site.

Property profile

Verified
Property type Other car washes
Use group CAR WASH
Year built 1940
Total area 3,600 SF
Lot 0.56 ac (24,219 SF)
Zoning code N-2C
APN 140200 100.32-1-23
UPID US63-0877768

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1582 Main St Buffalo, NY 14209-1512
Buffalo metro Census 16900 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2022
Last sale
$300,000
1 recorded transaction
2022
$460,000

Zoning & alternative use

N-2C · Buffalo, NY
Zoning description

applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interior side or Rear Setback Line RequiredSetback Maximum height permitted in abutting residential zoneA Additional height permitted by step…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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