Retail Business for Sale in Buffalo, NY

  • Price: $4.1M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Buffalo, NY 14202
  • Size: 76,680 SF

Description

Rare investment opportunity in the heart of Downtown Buffalo. Five-level, 270 space parking garage. 100% automated and open 24/7. N-1D Zoning. Excellent location close to Sahlen Field, Canalside, Cobblestone District, and within Buffalo's Central Business District. High-demand parking area serving downtown businesses, entertainment and tourists. Easy access to NYS Thruway I-190 & Route 33 Expressway. Nearby amenities include restaurants, banks, hotels, and postal services. Ideal for: owner-user parking or investment.

Market Context

This retail in Buffalo, NY is listed for sale at $4,100,000 across 76,680 SF. It has been on the market for 206 days. Compare it against other retail listings for sale in Buffalo, NY — <a href="/search/sale/retail/new-york/buffalo">view the full market</a>.

As of Q4 2021, the Buffalo retail market showed a 6.8% vacancy rate, and rents up 7.0% year over year. Source: Colliers Q4 2021 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Buffalo retail market tightening or softening?
Vacancy is around 6.8%, with asking rents rising year over year (Q4 2021).

Unified Estimate

Very Low Confidence

$96.05/SF – $129.95/SF

Mid: $113.00/SF

Total estimate for 76,680 SF: $8,664,840

Cost-of-business estimate only; rate estimator unavailable.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market san-diego (similarity: 100%) with 4 comparable listings.

Contact

  • Tyler Balentine — Real Estate Salesperson - Pyramid Brokerage

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