Property profile

2165 Delaware Ave Buffalo, NY 14216

OFF-MARKET
Turn key restaurants
Property ID
US63-2245347
1,475 SF 0.27 ac lot Built 1980
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,475-square-foot freestanding building presents a unique owner-user opportunity in Buffalo, NY. Situated on a 0.27-acre corner lot, this property boasts 13 off-street parking spaces, a significant advantage in a high-traffic area. Currently operating as a fully equipped pizzeria, the space includes a large prep kitchen and a walk-in cold storage unit – a turnkey operation ready for immediate use. Renovated in 2014, the building benefits from modern amenities and is ideally positioned along a bustling retail corridor, surrounded by dense residential neighborhoods. The location offers unparalleled access to a strong customer base, further enhanced by its proximity to several prominent educational institutions, including Tapestry Charter School, Nichols School, Elmwood Franklin School, and Buffalo State University. This prime location is also part of Buffalo's most robust trade area, sharing space with well-established national and regional retailers such as Kohl's, Chipotle, Marshalls, Bruegger's Bagels, Tim Hortons, Little Caesars, Pizza Hut, and Pet Supplies Plus. The asking price for this exceptional property is $495,000. This is a rare opportunity to acquire a thriving business in a highly desirable location. The one-story building offers excellent visibility and accessibility, making it an ideal investment for a savvy entrepreneur or established business seeking expansion.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 1,475 SF
Lot 0.27 ac (11,700 SF)
Zoning code N-3E
APN 140200 78.79-2-38.1
UPID US63-2245347

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

2165 Delaware Ave Buffalo, NY 14216-3211
Buffalo metro Census 5400 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
Last sale
$390,000
3 recorded transactions
2025
$390,000
2017
$80,000
2014
$233,845

Zoning & alternative use

N-3E · Buffalo, NY
Zoning description

3.1.8 N-3E Mixed-Use Edge 3-10 3.1.9 N-3R Residential 3-11 3.1.10 N-4-30 Single-Family 3-12 3.1.11 N-4-50 Single-Family 3-13 3.2 Building T ypes........................................3-14 3.2.1 General 3-14 3.2.2 Attach…

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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