2960 Bailey Ave Buffalo, NY 14215-2827
Property summary
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
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
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
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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
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Zoning designation
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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