2637 Main StBuffalo, NY 14214

Property Details for 2637 Main St

Year built

1947

Lot size

0.23 AC

Property size (Sq ft)

7,825 SF

Zone code

N-2C

Property type

Investment properties

Property subtype

Retail residential properties

APN

140200 89.36-2-2

APU

140200893622

Description

This exceptional commercial property at 2637 Main Street in Buffalo, NY, offers a unique opportunity for businesses seeking a high-traffic location. Situated on a 0.23-acre lot in Erie County, this special-purpose property features three commercial spaces, totaling one suite, that can be leased individually or combined to suit various needs. Each space is equipped with its own bathroom, and an additional restroom is conveniently located in the hallway. A central wall between two units can be removed to create a larger space, offering maximum flexibility for tenants. The property boasts a prime location on Main Street, between 90 and 198 West, near Canisius College and a bus terminal, ensuring high visibility and accessibility. Ample street parking is available, and a rear entrance provides convenient employee access. The property's proximity to the university and its busy location make it an ideal investment for businesses seeking a vibrant and well-connected environment. This versatile space presents a rare opportunity to establish a thriving business in a highly desirable area of Buffalo. The property's multiple options for space configuration and its convenient amenities make it a truly exceptional commercial offering. The zip code is 14214.

• CAP approach

  CAP return

  Valuation

  6%

  $1,760,151

  6.5%

  $1,624,755

  7%

  $1,508,701

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,160,358

  Geo Method

  $763,020

• Alternative Use

  Use

  Valuation

  Residential

  $1,624,755

  Hospitality

  $1,488,266

  Educational

  $1,238,220

  Medical

  $1,280,805

  Retail

  $1,926,120

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

42.939

Longitude

-78.8385

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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