6850 Main StWilliamsville, NY 14221

Property Details for 6850 Main St

Year built

1965

Lot size

1.80 AC

Property size (Sq ft)

18,630 SF

Zone code

GB

Property type

Retail properties

Property subtype

Strip malls

APN

142289 70.17-3-9.11

APU

14228970173911

Description

This exceptional 41,352 square foot commercial property, located at 6850 Main Street in Williamsville, NY, offers a unique blend of traditional and creative office space. The single-story building, constructed in 1963, features 10 suites, with 1,620 square feet currently vacant and available for lease. The property boasts a convenient multiple tenancy structure, ideal for a variety of businesses. Situated on 3.6 acres of land, it provides ample parking with 215 spaces. Its prime location in Erie County offers excellent accessibility, with convenient access from Main Street and Transit Road. This location benefits from its central position within the Transit Road trade area, between Amherst and Williamsville. The property's proximity to the Buffalo Niagara International Airport and less than a mile from I-90 NYS Thruway Exit #49 makes it highly attractive for businesses seeking high visibility and convenient access for customers and employees. The property is zoned for retail, office, and storefront uses, presenting a versatile opportunity for various commercial ventures. This is a rare opportunity to secure a well-established property in a thriving commercial area. The available 1,620 square feet presents a chance to establish a presence in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,967,840

  6.5%

  $4,585,698

  7%

  $4,258,148

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,491,454

  Geo Method

  $2,953,474

• Alternative Use

  Use

  Valuation

  Residential

  $3,868,208

  Hospitality

  $3,543,258

  Educational

  $2,947,949

  Medical

  $3,049,333

  Retail

  $4,585,698

Location Insight

City

Williamsville

County

Erie

State

New York

Latitude

42.9658

Longitude

-78.6975

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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