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1516 Military Rd

11,200 SF Retail Building Buffalo, NY 14217 $2,900,000 ($259/SF)

Investment Highlights

  • Ghost kitchen space with 27 units and 18 walk-in coolers
  • Ample parking on-site. Fully sprinklered
  • Proximate to I-190 & I-290 offering excellent regional access
  • 14’ clear height. Brand new HVAC system for specialized air handling
  • Highly visible building on Military Road near Sheridan Drive. Across the street from Kenmore Mercy Hospital
  • Ideal for: ghost kitchen, materials testing lab, brewery/dispensary

Executive Summary

Ghost kitchen space with 27 units and 18 walk-in coolers. 14' clear height. Brand new HVAC system for specialized air handling. Ample parking on-site. Fully sprinklered. Highly visible building on Military Road near Sheridan Drive. Proximate to I-190 & I-290 offering excellent regional access. Across the street from Kenmore Mercy Hospital. Ideal for: ghost kitchen, materials testing lab, brewery/dispensary.

Attachments

Military Rd

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,200 SF
Building Class
A
Year Built
1961
Price
$2,900,000
Price Per SF
$259
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.82 AC
Opportunity Zone
Yes
Zoning
P-S - Performance Standards Use District
Parking
20 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
120 FT on Military Road

Amenities

  • 24 Hour Access
  • Bus Line
  • Security System
  • Air Conditioning

Nearby Major Retailers

Lake Shore Savings Bank
Citizens Bank
Northwest Bank
Bank of America
Tops Friendly Markets
Starbucks
Hertz Equipment Rental
Tim Hortons
ALDI
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
146489-065-120-0001-024-000
Land Assessment
$55,000
Improvements Assessment
$67,000
Total Assessment
$122,000
  • Listing ID: 31080467

  • Date on Market: 2/29/2024

  • Last Updated:

  • Address: 1516 Military Rd, Buffalo, NY 14217

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