Retail Business for Sale in Buffalo, NY

  • Price: $1.4M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Buffalo, NY 14216

Description

UNDER CONTRACT Approximately 2,580 SF restaurant on a 0.37 acre lot at the corner of Hertel Avenue and Starin Avenue in Buffalo‘s North Park neighborhood. The restaurant operator will consider staying in place as a sale-leaseback, or relocate the business if preferred by the buyer. The freestanding building was originally built in 1986 and features a 1,860 SF basement that houses a prep kitchen, dry storage, and walk-in refrigerator.

Market Context

This retail in Buffalo, NY is listed for sale at $1,450,000. It has been on the market for 163 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

$87.91/SF – $118.93/SF

Mid: $103.42/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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.

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