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31505017
31505018

1722-1727 Genesee St, Buffalo, NY 14211 For Sale

Towne Housing Real Estate
Listed by Towne Housing Real Estate
$800,000
104 days on market
Updated 104 days ago

The May Store

Details
Property Type Retail
Sub Type Grocery Store, Shopping Center (+1)
Square Footage 3,900
Units 2
Cap Rate 31.25%
NOI $250,000
Occupancy 100%
Tenancy Multi
Price per SqFt $205
Broker Co-Op Yes
Year Built 1970
Buildings 1
Stories 1
Lot Size (SqFt) 18,640
Zoning N-3E
Investment Type Owner/User
Occupancy Date 03/31/2026
Ownership 100%

Mixed-use asset: retail business + income-producing plaza + additional land • Existing tenant income

Marketing description

Exceptional mixed-use investment opportunity featuring an operating retail business, an income-producing two-unit plaza, and an adjacent development-ready land parcel.

The subject property includes an established retail store with consistent daily customer traffic, complemented by a neighboring two-unit plaza generating rental income. Additionally, a separate vacant lot provides future upside for expansion, redevelopment, or alternate commercial use (buyer to verify permitted uses).

Strategically positioned in a high-visibility area with strong vehicle and foot traffic, this offering presents multiple income streams and long-term value-add potential. Ideal for investors or owner-users seeking a combination of stable income and future development opportunity.

Investment highlights

Mixed-use asset: retail business + income-producing plaza + additional land

• Existing tenant income from two-unit plaza

• Established retail operation with consistent daily activity

• Additional parcel offers future development or expansion potential

• High visibility location with strong traffic exposure

• Multiple exit strategies: hold, redevelop, or owner-occupy

• Value-add opportunity through rent optimization or site expansion

Listing Contacts

Towne Housing Real Estate
Listed by Towne Housing Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$250,000.00
$20,833.33/mo

Valuation Metrics

0
DSCR
31.25%
Cap Rate
31.25%
ROI

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