10151-10155 Main St - Light Distribution FOR SALE


Clarence, NY 14031
$1,395,000 USD
716-587-8700
10151-10155 Main St, Clarence, NY for Sale
$1,395,000 USD
Light Distribution - FOR SALE
1/26
null | 7.75% Cap Rate

10151-10155 Main St
Clarence, NY 14031


HIGHLIGHTS

  • Two-building mixed-use property located on a single parcel, offering exceptional Main Street visibility to over 13,000 passing vehicles daily.
  • Featuring a mix of office, flex, and warehouse space with a vacant, fully carpeted office suite that can be leased by an owner/user occupant.
  • Benefit from a tenant roster that includes a swimming pool contractor, an insulation company and a dance studio that all wish to continue their leases
  • Situated in desirable Clarence, near retailers and restaurants, proximity to residential neighborhoods, and within a 30-minute drive to Buffalo.

OVERVIEW

10151-10155 Main Street is a two-building mixed-use commercial complex in Clarence, New York. Situated on a single 2.15-acre parcel, the two-story 10151 Main Street and the single-story 10155 Main Street contain a combined 13,300 square feet and are connected by an enclosed walkway. Benefit from property signage, professional landscaping, and 23 surface parking spaces. The property was renovated in 2017 and features office, warehouse, and flex space. A Dance Studio and a Swimming Pool Contractor lend to a diverse and stable tenant mix. The land permits the construction of a new 10,000 to 15,000-square-foot warehouse and the addition of 25 parking spaces. This is an ideal opportunity for investor occupiers seeking new warehouse construction while securing existing cash flow from tenant leases. Clarence, New York, is an affluent locale with a dense residential population and many area amenities. 10151-10155 Main Street offers exceptional visibility to over 13,000 passing vehicles daily and is located near Town Place Park and the Rock Oak Estate residential neighborhood. Surrounding businesses include Hector’s Hardware, Gianni Mazia’s on Main, and The Lion and Eagle Pub. From 10151-10155 Main Street, reach the heart of Buffalo within a 30-minute drive via Route 33.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.15

LAND SF

93,654

ZONING

Comm

APN/PARCEL ID

143200-072-010-0003-001-100

ASK ABOUT THIS PROPERTY

Joshua AngelottiStonewall Property ManagementMore Info
716-587-8700

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Joshua AngelottiStonewall Property ManagementMore Info
716-587-8700

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