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Parkside Candy 2302 Main St 14,420 SF 51% Leased Retail Building Buffalo, NY 14214 $615,000 ($42.65/SF)
INVESTMENT HIGHLIGHTS
- Great location
EXECUTIVE SUMMARY
Do not miss this rare chance to own the ORIGINAL Parkside Candy location! Located on the corner of Main and West Oakwood, this building was an institution of the Parkside neighborhood for decades. Most of the original architectural character has been left in tact on both the interior and exterior. It is listed on the National Register of Historic Places as a contributing structure to the Parkside Historic District and therefore is eligible for NYS and Federal Historic Tax Credits! There are currently 7 units but with potential for up to 11 units at this property. The front building consists of 1 large retail/restaurant space on the ground floor, a small retail space currently occupied by a barber, with 4 apartments on the second floor. There is a second, detached building that fronts West Oakwood which was originally built as 5 small retail spaces but most recently functioned as a daycare. Bring your vision, assemble your team and great ready to make this your next development project!
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
14,420 SF
Building Class
C
Year Built
1918
Price
$615,000
Price Per SF
$42.65
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.96
Lot Size
0.17 AC
Parking
1 Spaces (0.07 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 140200-089-500-0003-007-000 | Improvements Assessment | $271,500 |
| Land Assessment | $60,500 | Total Assessment | $332,000 |
PROPERTY TAXES
Parcel Number
140200-089-500-0003-007-000
Land Assessment
$60,500
Improvements Assessment
$271,500
Total Assessment
$332,000
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Presented by
Irish Jones Realty
Parkside Candy | 2302 Main St
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