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    OFF-MARKET
    Turn key restaurants

    2188 Kensington Ave, Buffalo, NY 14226-4809

    2,120 SF 0.18 ac lot Built 1958
    Individually Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US63-0099519
    Property summary
    AI-generated overview

    This exceptional 2,580-square-foot executive office space is located at 2188 Kensington Ave in Amherst, NY, Erie County, zip code 14226. The property is a Class B building offering a single-tenant occupancy. The building boasts an all-brick exterior with excellent curb appeal, making it highly visible. The interior features an open floor plan, ideal for various office configurations. Ample parking is provided with eight dedicated spaces, supplemented by additional overflow parking options nearby. The convenient location offers easy access to major thoroughfares, including Harlem Road, and is situated near a variety of retail establishments such as Tops Friendly Markets, CVS, Rite Aid, Walgreens, Bank of America, and McDonald's. The surrounding area features high-end residential properties, with a strong population density (126,000 within a 3-mile radius and 260,000 within a 10-minute drive), boasting average median home values exceeding $167,000 and household incomes above $97,000. This prime location, combined with the building's attractive features, presents a unique opportunity for businesses seeking a well-appointed and easily accessible office space in a thriving community. The property is currently vacant.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1958
    Total area 2,120 SF
    Lot 0.18 ac (7,722 SF)
    APN 142289 80.14-1-24
    UPID US63-0099519
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    First Myanmar International Ll · 9 yrs held
    First Myanmar International Ll
    since 2016
    2 recorded transactions
    2016
    $170,000
    2004
    $115,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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