High upside investment property for sale. The ground floor retail space recently became vacant. Built out as pizza shop, this space has a hood vent. The second floor has two apartments, one 1-bedroom unit and
one 2-bedroom unit. The apartments are vacant and ready to be leased. There is $7,000/yr in revenue from the rooftop billboard.
The available high upside investment property is located in Downtown Buffalo, one door from the intersection of Delaware & Huron, and just one block from Delaware & Chippewa, the center of Buffalo’s nightlife. Surrounded by hotels (Embassy Suites, Hampton Inn & Suites, Curtiss Hotel, and Hyatt Regency) and local bars, restaurants, and nightclubs, this building is in the heart of vibrant, popular, and active area that appeals to young professionals and recent college graduates.
This section of downtown is active during the day as well, with New Era’s flagship store, Fountain Plaza, the Convention Center and multiple local, state, and federal office buildings a quarter mile away. Offices include City Hall, Western NY District Federal Court, FBI, IRS, and VA offices, as well as Buffalo Police Headquarters and Erie County Court.
one 2-bedroom unit. The apartments are vacant and ready to be leased. There is $7,000/yr in revenue from the rooftop billboard.
The available high upside investment property is located in Downtown Buffalo, one door from the intersection of Delaware & Huron, and just one block from Delaware & Chippewa, the center of Buffalo’s nightlife. Surrounded by hotels (Embassy Suites, Hampton Inn & Suites, Curtiss Hotel, and Hyatt Regency) and local bars, restaurants, and nightclubs, this building is in the heart of vibrant, popular, and active area that appeals to young professionals and recent college graduates.
This section of downtown is active during the day as well, with New Era’s flagship store, Fountain Plaza, the Convention Center and multiple local, state, and federal office buildings a quarter mile away. Offices include City Hall, Western NY District Federal Court, FBI, IRS, and VA offices, as well as Buffalo Police Headquarters and Erie County Court.
Property Details
Price:
$650,000
MLS #:
R1495698
Status:
Active
Beds:
0
Baths:
0
Address:
187 Delaware Avenue
Type:
Commercial
City:
Buffalo
Listed Date:
Sep 5, 2023
State:
NY
Finished Sq Ft:
6,709
ZIP:
14202
Subdivision:
Downtown
Lot Size:
2,923 sqft / 0.07 acres (approx)
Year Built:
1900
Schools
School District:
Buffalo
Interior
Heating
Gas, Forced Air
Exterior
Roof
Flat
Financial
Buyer Agent Compensation
3%
Taxes
$8,182
Map
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Listing courtesy of Donovan Real Estate Services,
© 2023 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2023-09-26.
© 2023 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2023-09-26.
187 Delaware Avenue
Buffalo, NY
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