346 Hopkins St, Buffalo, NY 14220
For Sale
1 / 20
This vacant, 1,316 square foot retail building in Buffalo, NY, presents a fantastic investment opportunity. Located on a 0.32-acre lot at the corner of Hopkins and Tiff Streets, it boasts excellent visibility due to traffic light exposure and multiple curb cuts. The single-story, 1964-built structure underwent renovations in 2024 and features two overhead drive-in doors, ideal for various businesses. Inside, you'll find small offices, storage space, and a bathroom. The property includes ample parking, with additional space behind and beside the building. The concrete flooring has floor drains, and the roof is well-maintained. Environmental reports confirm sealed underground tanks and clean results (available upon request). This C-class property is zoned commercial and offers easy access to major highways (I-90 & I-190), placing it within reach of significant southern Buffalo markets including Lackawanna, West Seneca, Hamburg, Orchard Park, and Cheektowaga. Proximity to Downtown Buffalo, Tesla Gigafactory, Mercy Hospital, Seneca Casino, Key Bank Center, Buffalo Harbor, Buffalo Riverworks, and the Buffalo Botanical Gardens adds further appeal. Information regarding future Outer Harbor development plans is also available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
D-IL · Buffalo, NYBuffalo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.