Redevelopment Opportunity - West Buffalo, NY 356 Ferry St 1,242 SF Retail Building Buffalo, NY 14213 $999,000 ($804.35/SF)

INVESTMENT HIGHLIGHTS

  • Near Contiguous Site
  • Redevelopment Opportunity
  • Multiple Curb Cuts

EXECUTIVE SUMMARY

Redevelopment opportunity on Buffalo’s West Side! This twelve parcel, 1.22 acre site is prime opportunity for new development with a tremendous footprint to work with. Located primarily on West Ferry Street and Arnold Street, all 12 parcels are adjoining and form a near contiguous site for maximum functionality.
Seven of the parcels are situated on West Ferry St. and span more than half a block. These are all zoned N-2C which allow for a range of residential and retail uses. There is a total of 332’ of frontage and four curb cuts. These parcels currently stand as a mixture of vacant land mixed use and retail structures. Address numbers include: 326, 328, 332, 338, 340, 342, 356.
Five of the parcels are situated on Arnold St. and are all zoned N-2R. There is a total of 182’ of frontage and one driveway. These parcels stand as a mixture of vacant land and a single-family residence. Address numbers include: 49, 45, 41, 31, 27. Portfolio is complete with maximum corner exposure to include 215’ of frontage on Parkdale Ave.
Properties are located on a walkable street with a vibrant local business scene. Located less than 5 minutes from the Elmwood village, less than 5 minutes from major highway access, quick travel to downtown and the Buffalo Niagara Medical Campus, and minutes from the peace bridge entry into Canada.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes $8,387 $6.75
Operating Expenses - -

PROPERTY FACTS

Sale Type
Owner User
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,242 SF
Building Class
C
Year Built
1950
Price
$999,000
Price Per SF
$804.35
Building Height
1 Story
Building FAR
0.02
Lot Size
1.22 AC
Opportunity Zone
Yes
Zoning
N-2C, N-2R - Commercial, Retail, Residential
Frontage
332’ on West Ferry St

AMENITIES

  • Bus Line
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (74)

NEARBY MAJOR RETAILERS

KeyBank
Rent-A-Center
Northwest Bank
Tim Hortons
Starbucks
Bank of America

PROPERTY TAXES

  • Listing ID: 33110595

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 356 Ferry St, Buffalo, NY 14213