For Sale
$2,900,000

1516 Military Rd Buffalo, NY 14217

27-Unit Ghost Kitchen, $2.9M

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional Class A industrial property, located at 1516 Military Rd in Buffalo, NY, presents a unique investment opportunity. The 11,200 square foot building, completely renovated in 2022, boasts 27 individual units ideally suited for a ghost kitchen operation. Each unit offers approximately 415 square feet of space, priced at $107,407.41. The property sits on a 0.82-acre lot and features a 14-foot ceiling height, providing ample space and functionality. Its strategic location offers excellent regional access, proximate to I-190 and I-290 interstates, ensuring convenient transportation and logistics. The building is zoned MU-I, allowing for a variety of permitted uses. The asking price is $2,900,000, translating to a price per square foot of $258.93. This single-story building represents a strong investment opportunity in a thriving market, with the potential for significant returns. The corporate ownership structure offers a streamlined and efficient ownership experience. This is a turnkey operation ready for immediate occupancy and income generation. Don't miss this chance to acquire a high-performing asset in a prime location.

Highlights

  • Class A industrial building, 11,200 sq ft, completely renovated in 2022.
  • 27 individual, ~415 sq ft units ideal for ghost kitchen operation.
  • $2,900,000 asking price ($258.93/sq ft).
  • Located on 0.82-acre lot at 1516 Military Rd, Buffalo, NY, with excellent access to I-190 & I-290.
  • 14-foot ceiling height; MU-I zoning.

Property Details for 1516 Military Rd

Property type
Industrial properties
Square Feet
11,200 SF
Class
A
Year Renovated
2022
Buildings
1
Stories
1
Lot Size (sq. ft)
35,719 SF
Units
27

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.9784613
Longitude
-78.88635
1516 Military Rd, Buffalo, New York

FAQs

What type of property is this?
Industrial property - 27-Unit Ghost Kitchen, $2.9M
Where is the industrial property located?
The property is located at 1516 Military Rd Buffalo, NY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Class A industrial building, 11,200 sq ft, completely renovated in 2022.; 27 individual, ~415 sq ft units ideal for ghost kitchen operation.; $2,900,000 asking price ($258.93/sq ft).
How can I contact the broker?
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1516 Military Rd
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