Entity Owned Property summary
This exceptional Class A retail property at 5365 Main Street in Williamsville, NY, offers 14,063 square feet of space, with 8,413 square feet currently available for lease. Built in 1957 and located in Erie County, this multi-tenant building presents a unique opportunity. One available space comprises 3,150 square feet within a 70' x 45' building, offering an initial lease rate of $26 per square foot, NNN, with a 3% annual increase. The landlord will significantly renovate this space, including installation of a roof HVAC unit, new concrete flooring, bathrooms, and interior wall work. The property benefits from its strategic location, just west of South Long Street and north of the new Village of Williamsville recreation park, and a short five-block distance from the I-290/Main Street access and exit. Adjacent properties are already leased to thriving businesses, creating a vibrant and attractive retail environment. This presents a compelling opportunity for businesses seeking high-visibility space in a thriving community. The property's size and location make it ideal for a variety of retail uses. Contact us to learn more about this exceptional opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
MU Mixed Use District. [Amended 5-26-2015 by L.L. No. 7-2015 ; 6-25-2018 by L.L. No. 10-2018 ] The permitted uses and regulations governing the MU District are set forth in Attachment 2, "Mixed Use District Design Standa…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MU · Williamsville, NYMU Mixed Use District. [Amended 5-26-2015 by L.L. No. 7-2015 ; 6-25-2018 by L.L. No. 10-2018 ] The permitted uses and regulations governing the MU District are set forth in Attachment 2, "Mixed Use District Design Standa…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
MU Mixed Use District. [Amended 5-26-2015 by L.L. No. 7-2015 ; 6-25-2018 by L.L. No. 10-2018 ] The permitted uses and regulations governing the MU District are set forth in Attachment 2, "Mixed Use District Design Standa…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MU in Williamsville, NY.
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