www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31222634
31146653

2474 Bailey Ave, Buffalo, NY 14215 For Sale

Towne Housing Real Estate
Listed by Towne Housing Real Estate
$2,500,000
122 days on market
Updated 109 days ago

Rite Aid

Details
Property Type Industrial, Retail
Sub Type Grocery Store, Pharmacy/Drug (+1)
Square Footage 10,209
Tenancy Vacant
Brand/Tenant Rite Aid
Price per SqFt $245
Broker Co-Op Yes
Year Built 1900
Buildings 1
Stories 1
Lot Size (SqFt) 37,910
Zoning Commercial
Investment Type Sale/Leaseback

10,290 SF freestanding retail/industrial asset with high visibility and strong traffic counts. Excel

Marketing description

Prime Redevelopment Opportunity – Former Rite Aid | High-Traffic Location

Rare opportunity to acquire a freestanding former Rite Aid located in a highly visible, high-traffic corridor in Buffalo, NY. This well-positioned retail asset offers strong frontage, ample parking, and a flexible layout ideal for a wide range of commercial uses.

The property presents an exceptional value-add and redevelopment opportunity for investors, owner-users, and national or local operators. The existing structure allows for immediate occupancy or repositioning into multiple retail units, medical space, grocery, or service-based businesses.

Strategically located near major roadways and surrounded by dense residential and commercial activity, this site benefits from consistent daily traffic and strong demographics.

This is a rare chance to acquire a recognizable retail location with significant upside potential.

Buyer to verify all permitted uses with municipality.

Listing Contacts

Towne Housing Real Estate
Listed by Towne Housing Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591