752 Delavan AveBuffalo, NY 14215

For Sale
$899,000

Prime Buffalo retail space, strong income.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A retail building in Buffalo, NY, presents a compelling value-add investment opportunity. Located at 752 E Delavan Ave, this 11,270 square foot property sits on a 0.82-acre lot and boasts 6,506 square feet of net rentable space. Currently featuring a multi-tenant occupancy, the building includes a long-term lease with KeyBank occupying 4,102 square feet. The property's zoning (D-S: Retail Strip) allows for diverse uses, making it ideal for owner-users seeking immediate cash flow or investors looking to capitalize on its potential. Built in 1997, this single-story building offers excellent visibility and accessibility, situated conveniently near downtown Buffalo and the Kensington Expressway, just 0.25 miles from Erie County Medical Center. The area is rich with amenities, including gas stations and fast-food restaurants. The asking price is $899,000, translating to $79.77 per square foot. This property is a rare find, offering a blend of existing income and significant upside potential for a variety of retail, medical, or discount store uses. The modified lease structure provides flexibility for future tenants. Don't miss this chance to acquire a high-performing asset in a thriving location.

Highlights

  • Class A retail building, 11,270 square feet, on a 0.82-acre lot in Buffalo, NY.
  • 6,506 square feet of net rentable space with multi-tenant occupancy, including a long-term KeyBank lease (4,102 sq ft).
  • Located at 752 E Delavan Ave, near downtown Buffalo and the Kensington Expressway, 0.25 miles from Erie County Medical Center.
  • D-S (Retail Strip) zoning allows for diverse uses, including retail, medical, and discount stores.
  • Asking price: $899,000 ($79.77/sq ft).

Property Details for 752 Delavan Ave

Property type
Other retail properties, Individual retail properties
Square Feet
11,270 SF
Class
A
Year Built
1997
Buildings
1
Stories
1
Lot Size (sq. ft)
35,719 SF
Units
2

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.9224735
Longitude
-78.8285527
752 Delavan Ave, Buffalo, New York

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752 Delavan Ave
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