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758-762 Elmwood Ave

18,420 SF 100% Leased Retail Building Buffalo, NY 14222 $1,710,000 ($93/SF) 7.60% Cap Rate

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Executive Summary

Located in the heart of The Elmwood Village. 3 Retail spaces including a well-established restaurant and deli, stunningly beautiful yoga and fitness studio and recently remodeled retail space. 2 thoughtfully updated residential units above with all major appliances including in-unit washer and dryer, dishwashers and air conditioning, all tastefully arranged around a beautiful outdoor courtyard facing Elmwood Ave. To top off, there are 6 dedicated parking spots reserved for the residential and commercial tenants.

758 Elmwood for Sale

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

18,420 SF

Building Class

Year Built

1980

Price

$1,710,000

Price Per SF

$93

Cap Rate

7.60%

NOI

$129,960

Percent Leased

100%

Tenancy

Multiple

Building Height

3 Stories

Building FAR

3.25

Lot Size

0.13 AC

Zoning

N-2C - Neighborhood Commercial District

Parking

1 Space (0.05 Spaces per 1,000 SF Leased)

Frontage

99 FT on Elmwood Ave

Amenities

Courtyard

Fireplace

Restaurant

Air Conditioning

1 of 1

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Walk Score ®

Walker's Paradise (94)

Bike Score ®

Very Bikeable (75)

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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 140200-100-210-0004-008-100 140200-100-210-0004-008-210	Improvements Assessment	$512,200
Land Assessment	$120,800	Total Assessment	$633,000