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30019540

225 Delaware Ave, Buffalo, NY 14202

RG
NY NY 10311204806
R. J. GULLO COMPANIES
Listed by R. J. GULLO COMPANIES
$2,650,000
96 days on market
Updated 96 days ago
Opportunity zone

225 Delaware Ave, Buffalo, NY

Details
Property Type Mixed Use
Sub Type office, retail
Square Footage 16,296
Cap Rate 9.00%
Occupancy 100%
Price per SqFt $163
Lot Size (SqFt) 1.94

Global Telecom Building

Marketing description

OM provided upon request.


This Offering Memorandum presents the opportunity to acquire a stabilized, income-producing
mixed-use retail and office property located at the highly visible corner of Delaware Avenue and
West Chippewa Street in downtown Buffalo, New York. The property consists of a two-story
masonry building with a full basement and a total gross building area of approximately ±16,296
square feet.


The asset features established retail tenancy on the ground floor, complemented by multi-tenant
office space on the second floor. The property also includes a rooftop billboard leased to a
national advertising company, providing an additional, passive income stream.
The offering represents an opportunity for investors seeking strong in-place cash flow with upside
potential through leasing optimization, operational efficiencies, and long-term rent growth in a
prominent urban corridor.

Listing Contacts

RG
NY NY 10311204806
R. J. GULLO COMPANIES
Listed by R. J. GULLO COMPANIES

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Additional Information

Name
RUSSELL J. GULLO
License
NY 10311204806
Brokerage
R. J. GULLO REAL ESTATE SERVICES, LLC
Brokerage Phone
716-675-1500
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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