3545 Buffalo StOrchard Park, NY 14127

Property Details for 3545 Buffalo St

Year built

2002

Lot size

0.74 AC

Property size (Sq ft)

4,950 SF

Zone code

B1

Property type

Investment properties

Property subtype

Retail residential properties

APN

146089 161.08-2-18

APU

14608916108218

Description

This exceptional retail investment opportunity presents a single-tenant, 4,950 square foot convenience store located at 3545 N Buffalo St in Orchard Park, NY. The property, built in 1998, is a Class B building with one story and sits on commercially zoned land. Currently operating as a convenience store with food service, the business is not included in the sale; only the building is for sale. The asking price is $995,000, representing a price per square foot of $201.01 and a 4.82% cap rate. The property boasts a strong net operating income (NOI) of $48,000. The lease is a NNN (Net, Net, Net) lease with a remaining term of 3 years. This prime location in the heart of Orchard Park offers high visibility and significant foot traffic, making it an ideal investment for savvy entrepreneurs and investors seeking a stable, income-generating asset. The B1 zoning allows for a variety of commercial uses, presenting further expansion possibilities. Don't miss this chance to acquire a well-established property in a thriving community. The property's address is 3545 N Buffalo St, Orchard Park, NY 14127.

• CAP approach

  CAP return

  Valuation

  6%

  $1,113,452

  6.5%

  $1,027,802

  7%

  $954,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $734,029

  Geo Method

  $482,677

• Alternative Use

  Use

  Valuation

  Residential

  $1,027,802

  Hospitality

  $941,461

  Educational

  $783,285

  Medical

  $810,223

  Retail

  $1,218,443

Location Insight

City

Orchard Park

County

Erie

State

New York

Latitude

42.7876

Longitude

-78.7495

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].