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8670-8672 Main St
Buffalo, NY 14221
Retail Property For Sale
EXECUTIVE SUMMARY
Two-tenant building for sale as an investment property or owner/user property. The building has been maintained at a high level as the current owner is a commercial general contractor. The large 2.61 acre lot has upside as it was previously approved for and additional three buildings (4,000 5,000 and 6,000 SF) in the rear of lot. There is 5,575 SF of vacant commercial space available for an owner/user or to lease as well.
The subject property is located on the north side of Main Street (NY-5), between Harris Hill Road and Thompson Road, in the town of Clarence, just east of the Transit Road retail corridor. NY-5 is the main east/west route through the market area.
The Transit Road retailer corridor is heavily developed and commercial, with generators including Eastern Hills Mall, Walmart Super Center, Kohl’s, Target, local and national chain restaurants, Stonegate Office Park, Epic Sports and Fun Center, Regal Cinemas & IMAX and numerous hotels. There are numerous dense office complexes in the area as well. This high amount of commercial activity draws shoppers, consumers, and business from all over the northern half of the Buffalo, NY MSA.
The subject property is located on the north side of Main Street (NY-5), between Harris Hill Road and Thompson Road, in the town of Clarence, just east of the Transit Road retail corridor. NY-5 is the main east/west route through the market area.
The Transit Road retailer corridor is heavily developed and commercial, with generators including Eastern Hills Mall, Walmart Super Center, Kohl’s, Target, local and national chain restaurants, Stonegate Office Park, Epic Sports and Fun Center, Regal Cinemas & IMAX and numerous hotels. There are numerous dense office complexes in the area as well. This high amount of commercial activity draws shoppers, consumers, and business from all over the northern half of the Buffalo, NY MSA.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,233 SF
Building Class
C
Year Built/Renovated
1972/2003
Price
$1,450,000
Price Per SF
$141.70
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
2.60 AC
Parking
24 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
134’ on Main St
PROPERTY TAXES
| Parcel Number | 143200-070-190-0003-013-000 | Improvements Assessment | $450,900 |
| Land Assessment | $249,100 | Total Assessment | $700,000 |
PROPERTY TAXES
Parcel Number
143200-070-190-0003-013-000
Land Assessment
$249,100
Improvements Assessment
$450,900
Total Assessment
$700,000
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