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Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Buffalo market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
D-IL · Buffalo, NYD-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
D-R, D-M, D-E, D-S, D-C, D-IL, D-IH, D-OS, D-OG, D-ON, C-R C-W-100 TABLE 5A: WATERFRONT YARDS DECEMBER 2016 CITY OF BUFFALO | CHAPTER 496, UNIFIED DEVELOPMENT ORDINANCE CORRIDOR ZONES | 5-9 where it finds that developmen…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for D-IL in Buffalo, NY.
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Find the owner behind the property.
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