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PRICE IMPROVEMENT 65 Grant St 10,440 SF Vacant Retail Building Buffalo, NY 14213 $1,380,565 CAD ($132.24 CAD/SF)



INVESTMENT HIGHLIGHTS
- 10,442+/- SF Mixed-Use Building
- Zoned Commercial
- Built in 1915
- Prime location in Buffalo
EXECUTIVE SUMMARY
10 short years ago, This Classic Building was lovingly restored, re-designed and updated to become a neighbor anchor and source of pride. There are 3 store fronts (two are occupied by the salon) with strong, long term tenants and 4 apartments on the second floor. Assemblyman's office has 3 more years on their 10 year lease and is a professionally designed space with 6 offices, Kitchenette, Conference Room, Lobby and 2 bathrooms. The salon space is bright and crisp with plenty of seating for guests and room to expand. Each spacious and welcoming apartment has 3 bedrooms, in-unit laundry and Central Air Conditioning. Each boasts updated bathrooms, newer flooring , kitchens and appliances. Updated windows and electric service throughout. Large (two sided) Basement houses newer furnaces and water tanks for all units with access through the rear and the salon. Each side has sump pump. All tenants have separate utilities. Turn Key. Projected cap rate with full occupancy 9.07% with potential to increase. Two apartments have been recently refreshed and ready for occupancy. Centrally located to all the City of Buffalo has to offer. Close Proximity (5 minute drive) to the Peace Bridge to Canada. High Traffic with plenty of street parking.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,440 SF
Building Class
C
Year Built
1915
Price
$1,380,565 CAD
Price Per SF
$132.24 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.79
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
N-2C - The N-2C zone addresses mixed-use, walkable centers of Buffalo's most compact neighborhoods.
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Assemblymember Sean Ryan
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Assemblymember Sean Ryan | Professional, Scientific, and Technical Services | - | - | - |
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 140200-099-350-0005-001-000 | Improvements Assessment | $125,671 CAD |
| Land Assessment | $84,716 CAD | Total Assessment | $210,387 CAD |
PROPERTY TAXES
Parcel Number
140200-099-350-0005-001-000
Land Assessment
$84,716 CAD
Improvements Assessment
$125,671 CAD
Total Assessment
$210,387 CAD
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PRICE IMPROVEMENT | 65 Grant St
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