2001 Elmwood Ave | Buffalo, NY 14207
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2001 Elmwood Ave
Buffalo, NY 14207
Elmwood Regal · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recently Extended Lease | Term Until April 2028 | Annual Rent Increases – Regal recently extended their lease for an additional 3-years (Exp 4/2028)
- Ultra-Dense Demographics | Nearly 340,000 People in 5-Mile Radius – The Property sits in the heart of the densest pocket of the Buffalo MSA
- Outstanding Visibility and Accessibility – Elmwood Regal benefits from excellent visibility and access featuring convenient ingress/egress
- Prime Redevelopment Opportunity | No Options Remaining | 8.63 AC Site | Infill Location
- Generational Real Estate Offered Well-Below Replacement Cost – Elmwood Regal is a generational piece of real estate
- Recent Capital Improvements | Full Roof Replacement Completed in 2018 – Ownership completed a full roof replacement in 2018
PROPERTY FACTS
Property Type
Retail
Property Subtype
Movie Theatre
Building Size
65,066 SF
Building Class
B
Year Built/Renovated
1997/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
8.89 AC
Zoning
D-S
Parking
250 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
343’ on Elmwood Ave
PROPERTY TAXES
| Parcel Number | 140200-078-530-0002-007-000 | Improvements Assessment | $4,745,356 |
| Land Assessment | $1,001,952 | Total Assessment | $5,747,308 |
PROPERTY TAXES
Parcel Number
140200-078-530-0002-007-000
Land Assessment
$1,001,952
Improvements Assessment
$4,745,356
Total Assessment
$5,747,308
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