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2820-2824 Bailey Ave 10,541 SF Vacant Retail Building Buffalo, NY 14215 $425,000 ($40.32/SF)
Investment Highlights
- 10,541+/- SF Retail/Warehouse Building
- 90% Occupied
- Single Family House Also Available for Purchase
- Located on Commercial Corridor of Bailey Avenue
- Zoned D-S
Executive Summary
Exclusively offered at 2824 Bailey Ave, Buffalo, NY, this 10,541 square foot mixed-use commercial building presents a compelling opportunity for investors or owner-users seeking a well-located asset with diversified income. Situated on 0.22+/- acres and originally constructed in 1930, the property features approximately 90 feet of frontage along Bailey Avenue with highly visible traffic-light exposure. The building is currently configured with a combination of retail and warehouse space and is occupied by three tenants, including a front retail corner store/market, a warehouse tenant operating an auto garage with spray booth, and a rear storage user. Basement is dry and ideal for additional storage. Approximately 1300 square feet remains vacant, previously used for church worship, offering immediate upside. Additionally, the single-family residence directly behind the building is also available for purchase at an additional price, allowing for a combined acquisition or the option to purchase the commercial building individually. The single-family house is currently leased
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,541 SF
Building Class
C
Year Built
1930
Price
$425,000
Price Per SF
$40.32
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.08
Lot Size
0.23 AC
Zoning
D-S Retail Strip - The D-S zone addresses strip retail development, which may be mixed-use, may contain prominent parking areas, located adjacent to highway access.
Frontage
87’ on Bailey Ave
Amenities
- Bus Line
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 140200-090-480-0004-011-000 | Improvements Assessment | $248,700 |
| Land Assessment | $10,300 | Total Assessment | $259,000 |
Property Taxes
Parcel Number
140200-090-480-0004-011-000
Land Assessment
$10,300
Improvements Assessment
$248,700
Total Assessment
$259,000
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2820-2824 Bailey Ave
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