Property summary
This exceptional 30,500-square-foot commercial property, located at 1815 Love Rd in Grand Island, NY, presents a unique investment opportunity. Situated on a 3-acre lot in Erie County, this single-story, Class B building boasts a prime location near the I-190 expressway, providing easy access to Erie and Niagara counties. Originally built in 1949 and extensively renovated in 2020, the property offers a blend of executive office and warehouse space, ideal for a variety of service-oriented businesses. The building features 11 on-site parking spaces and is currently entirely vacant, allowing for complete customization to suit a tenant's specific needs. This highly visible location is situated along a major north-south corridor connecting Buffalo, Niagara Falls, and Canada, ensuring high traffic and visibility. The property's adaptable layout makes it suitable for retail, office, or restaurant uses, presenting a rare chance to establish a business in a high-demand area. The building's recent renovation ensures modern amenities and functionality, making it an attractive option for businesses seeking a well-maintained and strategically located space. This is a first-generation space within a redeveloped building, offering a fresh and modern environment for new tenants. The property's multiple-tenancy potential allows for flexibility in leasing arrangements.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
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Corporate Office
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
strict § 407-75 Purpose. § 407-76 Principal uses and structures. § 407-77 Accessory uses and structures. § 407-78 Uses permitted upon issuance of special permit. § 407-79 Special rules for amusement parks. Article XVIII…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M1 · Grand Island, NYstrict § 407-75 Purpose. § 407-76 Principal uses and structures. § 407-77 Accessory uses and structures. § 407-78 Uses permitted upon issuance of special permit. § 407-79 Special rules for amusement parks. Article XVIII…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
strict § 407-75 Purpose. § 407-76 Principal uses and structures. § 407-77 Accessory uses and structures. § 407-78 Uses permitted upon issuance of special permit. § 407-79 Special rules for amusement parks. Article XVIII…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Grand Island, NY.
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