1172-1176 Hertel Ave - Storefront Retail/Residential FOR SALE


Buffalo, NY 14216- North Park
$950,000 USD
716-266-6691
1172-1176 Hertel Ave, Buffalo, NY for Sale
$950,000 USD
Storefront Retail/Residential - FOR SALE
1/37
null | Request Cap Rate

1172-1176 Hertel Ave
Buffalo, NY 14216
North Park


OVERVIEW

Rare opportunity to own a well-known mixed-use investment property in the heart of North Buffalo’s highly desirable Hertel Avenue corridor. Located at 1172 Hertel Avenue, home to Terrapin Station and the Virgil Cigar Shop, this property has been proudly owned and maintained by the same owner for over 37 years. The building features two established commercial storefronts along with six residential apartments, offering a strong blend of retail presence and residential income. Several residential units have been updated over time while maintaining the character of the property. Both operating businesses are also available for purchase separately, presenting a unique opportunity for an investor or owner-operator seeking a turnkey acquisition. Positioned in one of Buffalo’s most vibrant commercial districts, this is a generational asset ready for its next ownership.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,060 SF

ZONING

N-3C

APN/PARCEL ID

140200-078-630-0004-022-000

ASK ABOUT THIS PROPERTY

Gregory Straus716 Realty Group WNYMore Info
716-266-6691

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Gregory Straus716 Realty Group WNYMore Info
716-266-6691

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.