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Property profile

2637 Main St Buffalo, NY 14214

OFF-MARKET
Investment properties
Property ID
US63-2660835
View Sample
7,825 SF 0.23 ac lot Built 1947
Individually Owned 5-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional commercial property at 2637 Main Street in Buffalo, NY, offers a unique opportunity for businesses seeking a high-traffic location. Situated on a 0.23-acre lot in Erie County, this special-purpose property features three commercial spaces, totaling one suite, that can be leased individually or combined to suit various needs. Each space is equipped with its own bathroom, and an additional restroom is conveniently located in the hallway. A central wall between two units can be removed to create a larger space, offering maximum flexibility for tenants. The property boasts a prime location on Main Street, between 90 and 198 West, near Canisius College and a bus terminal, ensuring high visibility and accessibility. Ample street parking is available, and a rear entrance provides convenient employee access. The property's proximity to the university and its busy location make it an ideal investment for businesses seeking a vibrant and well-connected environment. This versatile space presents a rare opportunity to establish a thriving business in a highly desirable area of Buffalo. The property's multiple options for space configuration and its convenient amenities make it a truly exceptional commercial offering. The zip code is 14214.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1947
Total area 7,825 SF
Lot 0.23 ac (9,870 SF)
Zoning code N-2C
APN 140200 89.36-2-2
UPID US63-2660835

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
  • Construction Company General Contractor
  • Barber Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2020
Last sale
$300,000
2 recorded transactions
2020
$300,000
2011
$100,000

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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