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    FOR SALE
    Investment properties

    3208 Main St, Buffalo, NY 14216

    7,730 SF 0.44 ac lot Built 1921
    Entity Owned Free & Clear
    Property ID
    US63-2431196
    Property summary
    AI-generated overview

    This exceptional 19,000-square-foot industrial property at 3208 Main Street in Buffalo, NY, presents a unique investment opportunity. The property, a well-established, 95-year-old light manufacturing and wholesale food business, includes four additional retail outlets in Western New York. The mixed-use building boasts a historic charm, ample parking, and a small manufacturing facility. The asking price is $3,300,000, translating to $173.68 per square foot. The current owner is retiring and will provide training to the new operator, ensuring a smooth transition. The business enjoys strong regional name recognition and significant upside potential, particularly given the limited competition in the niche market of boutique candy and lollipop manufacturing. The property's location in the University of Buffalo district offers excellent visibility and access. The building itself is in excellent condition, featuring first-floor retail space, second-floor apartments and offices, and a manufacturing area with capacity for expansion through additional shifts and employees. The flagship soda fountain business and store also presents opportunities for growth with minimal investment. This property offers a blend of established income generation and significant potential for future expansion. The property is located in Erie County, NY, zip code 14214.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1921
    Total area 7,730 SF
    Lot 0.44 ac (19,376 SF)
    Zoning code N-3C
    APN 140200 79.55-3-9
    UPID US63-2431196
    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
    Current use
    Occupant on record · Public records
    • Parkside Candy Specialty Food Shop Candy Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $837k
    Blend (final) Blend
    $840k
    Owner & transaction history
    YUM YUM SHOP INC
    YUM YUM SHOP INC
    Zoning & alternative use
    N-3C · Buffalo, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.1M +80.0%
    Neighborhood: shopping center $1.0M +62.6%
    Restaurant $955,000 +55.1%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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