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Global Telecom Building 225 Delaware Ave 16,296 SF 100% Leased Retail Building Buffalo, NY 14202 $2,650,000 ($162.62/SF) 9% Cap Rate

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Executive Summary

OM provided upon request.
This Offering Memorandum presents the opportunity to acquire a stabilized, income-producing
mixed-use retail and office property located at the highly visible corner of Delaware Avenue and
West Chippewa Street in downtown Buffalo, New York. The property consists of a two-story
masonry building with a full basement and a total gross building area of approximately ±16,296
square feet.
The asset features established retail tenancy on the ground floor, complemented by multi-tenant
office space on the second floor. The property also includes a rooftop billboard leased to a
national advertising company, providing an additional, passive income stream.
The offering represents an opportunity for investors seeking strong in-place cash flow with upside
potential through leasing optimization, operational efficiencies, and long-term rent growth in a
prominent urban corridor.
Strong In-Place Cash Flow – Attractive going-in yield supported by stable retail tenancy and
diversified office income.
Prime Corner Location – Highly visible positioning at a signalized intersection in a well-trafficked
downtown corridor.
Established Retail Tenancy – Ground-floor occupancy by recognizable local food and beverage
operators.
Value-Add Potential – Opportunity to enhance income through leasing strategies, expense
management, and office repositioning.
Additional Income Stream – Rooftop billboard lease provides supplemental passive revenue.
Urban Infill Asset – Located in a dense, walkable district surrounded by restaurants, nightlife,
offices, and residential development.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,296 SF
Building Class
B
Year Built
1937
Price
$2,650,000
Price Per SF
$162.62
Cap Rate
9%
NOI
$238,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
1.94 AC
Opportunity Zone
Yes
Zoning
Commercial - Restaurant, bar, retail, commercial, office space
Parking
100 Spaces (6.7 Spaces per 1,000 SF Leased)
Frontage
106’ on Delaware Ave

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

KeyBank
Salsarita's Fresh Mexican Grill
Ted's Hot Dogs
Bank of America
CrossFit
Starbucks
Tim Hortons
La Fitness
Tops Friendly Markets
Northwest Bank

Property Taxes

Property Taxes

Parcel Number
140200-111-370-0004-001-000
Land Assessment
$95,000
Improvements Assessment
$980,000
Total Assessment
$1,075,000
  • Listing ID: 39491561

  • Date on Market: 2/19/2026

  • Last Updated:

  • Address: 225 Delaware Ave, Buffalo, NY 14202

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