Log In/Sign Up
Your email has been sent.
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



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.
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
- Offering Memorandum
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
Amenities
- Bus Line
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (89)
Nearby Major Retailers
Property Taxes
| Parcel Number | 140200-111-370-0004-001-000 | Improvements Assessment | $980,000 |
| Land Assessment | $95,000 | Total Assessment | $1,075,000 |
Property Taxes
Parcel Number
140200-111-370-0004-001-000
Land Assessment
$95,000
Improvements Assessment
$980,000
Total Assessment
$1,075,000
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Global Telecom Building | 225 Delaware Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
