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Property summary
This exceptional 3,800-square-foot retail building, constructed in 1951 and renovated in 2016, presents a unique investment opportunity. Boasting 107 feet of frontage at a high-traffic intersection of Transit and Greiner Roads, this property enjoys unparalleled visibility in a dominant retail corner. The building features a single, currently vacant suite, offering immediate occupancy for a prospective tenant. Ample parking is available with 15 spaces to accommodate customers and employees. The property has a rich history, having housed Toscana salon & day spa for 16 years, demonstrating its suitability for a variety of retail uses. Its strategic location offers significant advantages, situated adjacent to a major regional power shopping center and a diverse mix of established national retailers including Walmart, BJ's Wholesale Club, Dick's Sporting Goods, LA Fitness, Old Navy, and Ulta Beauty. This prime location benefits from a strong demographic profile, with residents within a three-mile radius boasting an average household income exceeding $125,000. Furthermore, its proximity to the Buffalo Niagara International Airport, downtown Buffalo, and the Eastern Hills Mall enhances its accessibility and appeal. This is an exceptional opportunity to establish a thriving business in a high-demand retail location. The property is located in Erie County.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Hair Salon
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Hair Salon
Location
Value estimations
Owner & transaction history
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
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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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