Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
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
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
N-3E · Buffalo, NY3.1.8 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for N-3E in Buffalo, NY.
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