Retail Space
1472 Hertel Avenue Buffalo, NY 14216
Details & Description
Price: $950,000
    Investment opportunity. Multi-Family units plus fully leased, established restaurant for sale. Recently updated Apartments in great condition. 2 Buildings on-site: Building 1 consists of 1,440 Sq. Ft. fully leased restaurant on first floor with 2 covered patios, two 1-Bedroom apartments on second floor with private entrance. Building 2 includes separate double consisting of two 3- bedroom units. Off-street parking available. Prime Hertel Avenue location. Ideally situated on the corner of Hertel and Sterling Avenues. Great walkable community. In the heart of one of Buffalo's prime residential and shopping districts. Area amenities and attractions include movie theaters, ice cream shoppes, restaurants, banks, pharmacies, fitness centers and more. Rent roll, NOI, and property expenses available to review upon request. Ideal for investment. 
    Additional Photos
    Listing Agents
    Rod Nagy

    O: 716-852-7500
    M: 716-982-3405
    rnagy@pyramidbrokerage.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1472 Hertel Avenue

    Buffalo, NY 14216

    Crave Restaurant

    Listing ID: 295624
    • 1472 Hertel Avenue Buffalo, NY 14216 | for Sale | Photo 1
    • 1472 Hertel Avenue Buffalo, NY 14216 | for Sale | Photo 2
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    • 1472 Hertel Avenue Buffalo, NY 14216 | for Sale | Photo 4
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    Building Size: 1,440 SF
    Lot Size: 0.090 AC
    Land Size: 4,840 SF
    Building $/SF: $659.72
    Land $/SF: $19.60
    Price
    $950,000
    Description

    Investment opportunity. Multi-Family units plus fully leased, established restaurant for sale. Recently updated Apartments in great condition. 2 Buildings on-site: Building 1 consists of 1,440 Sq. Ft. fully leased restaurant on first floor with 2 covered patios, two 1-Bedroom apartments on second floor with private entrance. Building 2 includes separate double consisting of two 3- bedroom units. Off-street parking available. Prime Hertel Avenue location. Ideally situated on the corner of Hertel and Sterling Avenues. Great walkable community. In the heart of one of Buffalo's prime residential and shopping districts. Area amenities and attractions include movie theaters, ice cream shoppes, restaurants, banks, pharmacies, fitness centers and more. Rent roll, NOI, and property expenses available to review upon request. Ideal for investment. 

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Buffalo History of Retail Space for Sale

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    Buffalo Area Market Trends

    Listing Demographics for 1472 Hertel Avenue Buffalo, NY 14216

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population25,573204,373371,430
    Population Median Age393738
    Population by Age0-9 Yrs2794 (10%)24761 (12%)44562 (11%)
    10-19 Yrs1936 (7%)24804 (12%)46169 (12%)
    20-29 Yrs5012 (19%)38333 (18%)65408 (17%)
    30-39 Yrs4649 (18%)29233 (14%)53179 (14%)
    40-49 Yrs3395 (13%)22285 (10%)40278 (10%)
    50-59 Yrs2535 (9%)23648 (11%)44521 (11%)
    60-69 Yrs2778 (10%)21756 (10%)40926 (11%)
    70+ Yrs2475 (9%)19554 (9%)36388 (9%)
    Median HH Income$63,129$49,219$47,084
    Total Household Income< 24K2630 (21%)24493 (27%)46932 (28%)
    25-49K2476 (20%)20363 (22%)37972 (23%)
    50-74K1857 (15%)15369 (17%)27928 (17%)
    75-99K1673 (13%)10204 (11%)18257 (11%)
    100-199K2883 (23%)14377 (16%)25350 (15%)
    200K+696 (5%)3740 (4%)5988 (3%)
    Highest Education LevelNo Diploma13261382327016
    Diploma or GED30773214063259
    Some College27482634648476
    Assoc. Degree14451441325501
    Bachelors Degree60212816348813
    Higher Degree47042211037473
    Total Housing Units13,552100,139183,396
    --Owner-Occupied6,41246,04185,154
    --Renter-Occupied5,80342,50677,274
    Owner-Occupied Values< 100K7371394327000
    100-199K25242094839637
    200-299K2044603210558
    300-399K72923303497
    400-499K1499601432
    500K+22918293030
    Total Working Age Population21,720166,839301,597
    In Work Force15,184103,099185,482
    Not In Work Force6,53663,740116,115
    Workforce Employed14,70296,951174,387
    Workforce Unemployed4815,96210,807
    Civlian Workforce15,183102,914185,194
    Military Workforce1185289
    Total Households12,21588,547162,428
    Family Households5,69146,25184,056
    Non-Family Households6,52542,29578,371
    Married Couple3,94725,72748,676
    Other Family1,74420,52435,380
    Married w/Child1,4309,67418,797
    Single Male w/Child2261,8303,301
    Single Female w/Child5398,62415,019

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Erie County950,265-3919,040+2936,084+1949,073
    Niagara County219,846-2216,469-3209,940-3202,950

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1472 Hertel Avenue in Buffalo?
    The asking price for 1472 Hertel Avenue is $950,000
    What is the building size of this Retail property in Buffalo, NY?
    The size of the building/unit at 1472 Hertel Avenue in Buffalo is 1,440 square feet
    How much land does the Buffalo, NY property at 1472 Hertel Avenue include?
    1472 Hertel Avenue in Buffalo includes 0.090 acres of land
    What kind of Retail is the propery at 1472 Hertel Avenue?
    The property at 1472 Hertel Avenue Buffalo, NY 14216 is listed as a Food Service Retail property
    What is the population within 1 mile of 1472 Hertel Avenue in Buffalo?
    The population within 1 mile of 1472 Hertel Avenue Buffalo, NY 14216 is 25,573 people.
    Who do I contact for questions about 1472 Hertel Avenue?
    You should contact the listing agent, Rod Nagy, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Buffalo Niagara International Airport (BUF) 6
    Greater Rochester International Airport (ROC) 61
    Erie International Tom Ridge Field (ERI) 90