1431-1479 Kensington AveBuffalo, NY 14215

For Lease
Call for price

High-potential retail space, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
Cleve-Hill Plaza, located at 1431-1479 Kensington Avenue in Buffalo, NY (zip code 14215), presents a unique investment opportunity. This 53,084 square foot retail shopping center sits on a 3.4-acre lot and offers significant redevelopment potential. Currently, there are 34,000 square feet of vacant space available, divisible into units ranging from a minimum of 9,400 square feet to a maximum contiguous space of 24,600 square feet. The property boasts ample parking with 175 spaces, ensuring convenient access for customers. Situated in Erie County, this multi-tenant property is ideally positioned for a variety of retail uses. The existing structure provides a solid foundation for a revitalization project, allowing for the creation of a modern and thriving retail destination. This prime location offers high visibility and accessibility, making it an attractive proposition for businesses seeking to establish or expand their presence in the Buffalo market. The substantial vacant space presents a blank canvas for creative redevelopment, allowing for customization to suit specific tenant needs. This is an exceptional opportunity to acquire a significant retail asset in a growing area.

Highlights

  • Value-add/owner-user opportunity.
  • 24,600 SF available for redevelopment (fire damage August 2023).
  • 19,084 SF leased to seven established tenants.
  • Low-vacancy neighborhood shopping center in a vibrant area.
  • Corner lot on two NFTA bus routes.
  • Convenient Kensington Expressway (Route 33) access.

Unit(s) available at that property

Space
Available Space 2
Size
24,600 SF
Space
Available Space 1
Size
9,400 SF

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.942092
Longitude
-78.802102
1431-1479 Kensington Ave, Buffalo, New York

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1431-1479 Kensington Ave
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