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Property profile & analytics
FOR SALE
Investment properties

350 Old Niagara Falls Blvd Buffalo, NY 14228

8,419 SF 0.5 ac lot Built 1953
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US63-2758130
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a vacant, 8,419 square foot restaurant building situated on a 0.5-acre lot at 350 Old Niagara Falls Boulevard in Amherst, New York, zip code 14228. The two-story building, formerly a restaurant, boasts new structural steel, windows, steel doors, a wide patio glass door on the west and north sides, and a partially installed patio and access ramp. The property benefits from approximately 350 feet of canal access, backing up to Tonawanda Creek, offering potential for boaters' access. The lot measures approximately 240 feet by 116.50 feet. This prime location offers excellent visibility and proximity to numerous amenities, including Wegmans, Tops Supermarket Plaza, McDonald's, numerous other restaurants, banks, and major retailers such as Walmart, Kohl's, and Walgreens. The property is zoned General Business (GB), providing flexibility for various uses. This is an ideal opportunity for an investor or developer seeking a high-potential commercial property in a thriving area. The building's existing improvements provide a solid foundation for a variety of redevelopment projects.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1953
Total area 8,419 SF
Lot 0.5 ac (21,780 SF)
Zoning code GB
APN 142289 26.03-1-35
UPID US63-2758130
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
350 Old Niagara Falls Blvd LLC · 13 yrs held
350 Old Niagara Falls Blvd LLC
since 2013
3 recorded transactions
2013
Price N/A
2010
Price N/A
2007
$75,000
Zoning & alternative use
GB · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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