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Property profile & analytics
OFF-MARKET
Drive through restaurants

419 Memorial Dr Buffalo, NY 14212

567 SF 0.3 ac lot Built 1940
Entity Owned 4-yr Hold Free & Clear
Property ID
US63-1310210
Property summary
AI-generated overview

This exceptional 663-square-foot retail space, formerly an ice cream shop, presents a fantastic opportunity for a new business in the vibrant Sloan neighborhood of Buffalo, New York. Located at 419 Memorial Drive, this single-tenant property boasts excellent visibility and ample parking, making it highly attractive to customers. The building, constructed in 1940, sits on a 0.2-acre lot and is zoned for commercial use within Erie County. The entire 663 square feet is currently vacant and ready for immediate occupancy. Its convenient location in a centralized area of downtown Buffalo offers easy access for both customers and employees. The property's history as a successful ice cream shop speaks to its inherent appeal and potential for a variety of retail uses. The building's layout is well-suited for a range of businesses, offering a flexible space adaptable to diverse needs. This is an ideal opportunity for an entrepreneur seeking a well-located, established space to launch or expand their business. The property is available for lease, offering a chance to establish a presence in a thriving community. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1940
Total area 567 SF
Lot 0.3 ac (13,200 SF)
Zoning code D-OS
APN 140200 112.30-2-1.1
UPID US63-1310210
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Fillmore Ny Realty LLC · 4 yrs held
Fillmore Ny Realty LLC
since 2021
Last sale
$185,000
5 recorded transactions
2021
$185,000
2021
Price N/A
2021
$1,000
2020
$100,000
2004
$40,000
Zoning & alternative use
D-OS · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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