225 Delaware Ave - Storefront Retail/Office FOR SALE


Buffalo, NY 14202- Downtown Buffalo
$2,650,000 USD
716-675-1500
225 Delaware Ave, Buffalo, NY for Sale
$2,650,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 9% Cap Rate

225 Delaware Ave
Buffalo, NY 14202
Downtown Buffalo


OVERVIEW

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. Strong In-Place Cash Flow – Attractive going-in yield supported by stable retail tenancy and diversified office income. Prime Corner Location – Highly visible positioning at a signalized intersection in a well-trafficked downtown corridor. Established Retail Tenancy – Ground-floor occupancy by recognizable local food and beverage operators. Value-Add Potential – Opportunity to enhance income through leasing strategies, expense management, and office repositioning. Additional Income Stream – Rooftop billboard lease provides supplemental passive revenue. Urban Infill Asset – Located in a dense, walkable district surrounded by restaurants, nightlife, offices, and residential development.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Global Telecom Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,672 SF

ZONING

Commercial

APN/PARCEL ID

140200-111-370-0004-001-000

ASK ABOUT THIS PROPERTY

Russell J. Gullo, CCIMR. J. GULLO COMPANIESMore Info
716-675-1500

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

Russell J. Gullo, CCIMR. J. GULLO COMPANIESMore Info
716-675-1500

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