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Redevelopment Opportunity - West Buffalo, NY 356 Ferry St

1,242 SF Retail Building Buffalo, NY 14213 $999,000 ($804/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 - -

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $8,387
Annual Per SF $6.75
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $8,387
Annual Per SF $6.75

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
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 FT on West Ferry St

Amenities

  • Bus Line
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140200-099-350-0005-017-000
Land Assessment
$35,000 (2023)
Improvements Assessment
$9,000 (2023)
Total Assessment
$44,000 (2023)
Annual Taxes
$8,387 ($6.75/SF)
Tax Year
2024 Payable 2024
  • Listing ID: 33110595

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 356 Ferry St, Buffalo, NY 14213

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