2815 Delaware Ave Kenmore, NY 14217
- Investment properties
- 5,000 SF
- 0.28 lot acres
Current Use by Public Records
- Cardtronics ATM / Atm
- UPS Access Point location / Courier Service / Postal Service
- The Corner Store / Grocery & Convenience Store
- Uplift Nutrition / Specialty Food Shop / (Bike/Boat/Book/etc) Store
- Candy Spa / Spa & Massage Center
Property Details for 2815 Delaware Ave
- Year built
- 1971
- Lot size
- 0.28 lot acres
- Property size
- 5,000 SF
- Zone code
- 04 - FARM
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 146401 78.31-1-50
- APU
- 1464017831150
Description
This stabilized, Class C retail property offers 5,000+ square feet of vacant space in a prime Kenmore, NY location. Situated on the corner of Delaware Avenue and Euclid Street, this property benefits from a traffic signal and high visibility, boasting an average daily traffic count exceeding 19,720 vehicles. The building, constructed in 1930, is a single-story structure on a 0.3-acre lot and is zoned for commercial use. Previously operating as a high-volume convenience store, the space includes a full kitchen equipped with hoods, fryers, and a stove, as well as a fully stocked deli area with reach-in beer coolers. The property's location offers easy access to major expressways (I-190 and I-290), and ample parking is available both in front of the plaza and in a village-owned lot accessible from Euclid Street and Warren Avenue. Other tenants in the plaza include a smoothie restaurant and a day spa. The asking price is $489,900, translating to $97.98 per square foot. This presents an excellent investment opportunity in a densely populated residential area. The property was 100% occupied as of October 20, 2022.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $512,000
- AI Estimate
- $484,000
Market price range: $282k - $571kMarket price range: $217k - $568k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $410,000 Current use
- RETAIL STORES
- $720,000 Change: +76% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $650,000 Change: +59% Conversion: Difficult
- RESTAURANT
- $620,000 Change: +52% Conversion: Difficult
- OFFICE BUILDING
- $580,000 Change: +42% Conversion: Easy
- AUTO REPAIR, GARAGE
- $485,000 Change: +19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8695
- Latitude
- 42.961
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA