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2960 Bailey Ave Buffalo, NY 14215-2827

OFF-MARKET Investment properties Google Maps
4,224 SF 0.11 ac lot Built 1925
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$150k
Range $135k – $165k (±10%)
Property ID US63-2924488

Property summary

AI-generated overview

This exceptional 6,336 square foot free-standing commercial building presents a remarkable investment opportunity in a rapidly developing area of Buffalo, NY. Situated on a 0.11-acre lot at 2960 Bailey Avenue, this three-story brick and siding structure boasts a prime location on a major north-south thoroughfare, ensuring high visibility and substantial foot traffic. The property features a spacious commercial/office area facing Bailey Avenue, ideal for a diverse range of businesses. Additionally, the building offers the potential for three separate apartments, adding significant rental income potential. The building includes a full basement, providing ample storage space. Most windows have been recently replaced. The property is being sold "as is," and offers are being considered as received. With its substantial size, versatile layout, and excellent location, this property presents endless possibilities for entrepreneurs and investors alike. Don't miss this chance to establish your business in a thriving Buffalo neighborhood. The building's size and location make it suitable for a variety of commercial uses.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1925
Total area 4,224 SF
Lot 0.11 ac (4,800 SF)
Zoning code N-3E
APN 140200 90.41-1-12
UPID US63-2924488

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2025
Last sale
$150,000
4 recorded transactions
2025
$201,000
2024
Price N/A
2021
$150,000
2019
$54,000

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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