3107 Delaware AveBuffalo, NY 14217

Property Details for 3107 Delaware Ave

Year built

1935

Lot size

0.37 AC

Property size (Sq ft)

8,176 SF

Zone code

9

Property type

Investment properties

Property subtype

Live-work space

APN

146401 66.71-1-2.1

APU

1464016671121

Description

This exceptional street retail opportunity in the vibrant Village of Kenmore, Buffalo, NY, offers 7,700 square feet of space, divisible to suit tenant needs. The property, located at 3107 Delaware Ave, zip code 14217, is situated in a high-density area with a large, readily accessible customer base. The single-story building is currently available as a whole or in divisible units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 3,500 square feet. Its location within a thriving commercial corridor ensures high visibility and foot traffic. The landlord is prepared to work with prospective tenants to customize the space to meet their specific requirements, subject to credit approval. This presents a unique chance to establish or expand a business in a bustling community with a strong local economy. The property is located in Erie County, New York and offers excellent potential for a variety of retail uses. The building is in excellent condition and ready for immediate occupancy. This prime location within the Village of Kenmore provides unparalleled access to a dense population, making it an ideal investment for businesses seeking high visibility and strong customer traffic.

• CAP approach

  CAP return

  Valuation

  6%

  $1,483,150

  6.5%

  $1,369,062

  7%

  $1,271,272

• Comparable approach

  Method

  Valuation

  Relative Method

  $782,199

  Geo Method

  $514,352

• Alternative Use

  Use

  Valuation

  Residential

  $1,697,637

  Hospitality

  $1,555,026

  Educational

  $1,293,763

  Medical

  $1,338,258

  Retail

  $2,012,521

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

42.9689

Longitude

-78.8703

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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