752 Delavan AveBuffalo, NY 14215

Property Details for 752 Delavan Ave

Year built

1997

Lot size

0.84 AC

Property size (Sq ft)

11,153 SF

Zone code

D-S

Property type

Investment properties

Property subtype

Live-work space

APN

140200 90.70-3-19.1

APU

14020090703191

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,023,185

  6.5%

  $1,867,556

  7%

  $1,734,159

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,067,008

  Geo Method

  $701,635

• Alternative Use

  Use

  Valuation

  Residential

  $2,315,769

  Hospitality

  $2,121,232

  Educational

  $1,764,840

  Medical

  $1,825,536

  Retail

  $2,745,307

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

42.9225

Longitude

-78.8286

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].