High Upside Investment Property Listing Details & Market Data

187 Delaware, Buffalo, NY 14202

  • For Sale $650,000
  • Property Type Retail - Street Retail
  • Property Size 2,859 SF
  • Lot Size 0.07 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Mar 12, 2024
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.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.

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Attachments

Highlights

  • High upside property
  • Two apartments ready to lease
  • Retail restaurant space with hood vent ready to lease
  • $7,000/yr in revenue from billboard
  • Taxes-$8,182.64/yr

Contacts

broker

Brian Donovan

Donovan Real Estate Services

(716) 998-2943

Location

Getting Around

  • Walk Score ®

    Walker's Paradise (97)
  • Transit Score ®

    Good Transit (65)
  • Bike Score ®

    Very Bikeable (88)
Powered by Walk Score ®
  • City Buffalo, NY
  • Neighborhood Downtown Buffalo
  • Zip Code 14202
  • Market Buffalo

Points of Interest

  • Fountain Plaza

    0.18 miles

  • Lafayette Square

    0.24 miles

  • Church

    0.40 miles

  • Seneca

    0.57 miles

  • Allen/Medical Campus

    0.76 miles

  • Buffalo-Exchange Street

    0.78 miles

  • Erie Canal Harbor

    0.81 miles

  • Special Events

    0.90 miles

  • Summer–Best

    1.14 miles

  • Utica

    1.62 miles

  • Downtown Trading Company

    0.39 miles

  • Tops

    0.63 miles

  • The Corner Store

    1.28 miles

  • Gulf

    1.37 miles

  • Sunoco

    1.39 miles

  • Speedway

    1.62 miles

  • Go Gas Outlet

    1.67 miles

  • Speedway

    2.68 miles

  • First Line

    2.77 miles

  • Speedway

    3.33 miles

  • Augspurger Ramp

    0.09 miles

  • Delaware North Building Parking Garage

    0.13 miles

  • Court Franklin Lot

    0.27 miles

  • Mohawk Ramp

    0.28 miles

  • Fernbach Ramp

    0.29 miles

  • Allpro Parking

    0.31 miles

  • Turner Ramp

    0.31 miles

  • Mall Parking

    0.38 miles

  • BCBS Ramp

    0.41 miles

  • Adam Ramp

    0.44 miles

  • Gourmet Store

    0.12 miles

  • Century Grill

    0.13 miles

  • Patina 250

    0.13 miles

  • Morton's The Steakhouse

    0.14 miles

  • Raclettes

    0.20 miles

  • TGI Friday's

    0.21 miles

  • Dinosaur Barbeque

    0.25 miles

  • Tappo

    0.29 miles

  • Fresh Catch

    0.29 miles

  • Big Ditch Brewing Company

    0.31 miles

  • Main Place Mall

    0.33 miles

  • Tops Markets

    0.68 miles

  • Coast Guard Exchange

    0.98 miles

  • Price Rite Marketplace

    1.00 miles

  • Mineo & Sapio

    1.29 miles

  • Tops

    1.86 miles

  • Broadway Market

    1.99 miles

  • Aldi

    1.99 miles

  • Lexington Co-op

    2.06 miles

  • Marka Halal Market

    2.17 miles

Contact Listing Broker

broker

Brian Donovan

Donovan Real Estate Services

(716) 998-2943