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Investment Highlights
- Redevelopment opportunity
- Maximum visibility at signalized corner with 20,000~ vehicles per day
- Strong retail synergies, adjacent to 200,000~ sq. ft. D&F Plaza
- Prime retail location with high traffic exposure
- Open floor plan well suited for adaptive reuse and innovative transformation
- Ground lease $5,454/month with 14 years remaining
Executive Summary
- Prime retail location with high traffic exposure
- Maximum visibility at signalized corner with 20,000~ vehicles per day
- Open floor plan well suited for adaptive reuse and innovative transformation - including retail, foodservice, medical, grocery, convenience store, community center, entertainment, automotive, office, etc.
- Zoned C-2 Commercial
- Across from SUNY Fredonia campus with 3,500 students
- Strong retail synergies, adjacent to 200,000~ sq. ft. D&F Plaza
- Ample parking for 85+ vehicles with two curb cuts
- Drive-thru
- 180 feet of frontage on Central Avenue
- 1.5 acres
- Excellent condition, 2000 construction
- Close proximity to I-90 interchange, convenient connection to Buffalo, Erie and Cleveland
- Ground lease $5,454/month with 14 years remaining
- Maximum visibility at signalized corner with 20,000~ vehicles per day
- Open floor plan well suited for adaptive reuse and innovative transformation - including retail, foodservice, medical, grocery, convenience store, community center, entertainment, automotive, office, etc.
- Zoned C-2 Commercial
- Across from SUNY Fredonia campus with 3,500 students
- Strong retail synergies, adjacent to 200,000~ sq. ft. D&F Plaza
- Ample parking for 85+ vehicles with two curb cuts
- Drive-thru
- 180 feet of frontage on Central Avenue
- 1.5 acres
- Excellent condition, 2000 construction
- Close proximity to I-90 interchange, convenient connection to Buffalo, Erie and Cleveland
- Ground lease $5,454/month with 14 years remaining
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
10,908 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.50 AC
Opportunity Zone
Yes
Zoning
C2
Frontage
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 060300-096-017-0001-019-000-000B | Improvements Assessment | $76,300 |
| Land Assessment | $12,000 | Total Assessment | $88,300 |
Property Taxes
Parcel Number
060300-096-017-0001-019-000-000B
Land Assessment
$12,000
Improvements Assessment
$76,300
Total Assessment
$88,300
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Rite Aid | 1166 Central Ave
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