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10151-10155 Main St
Clarence, NY 14031

$1,395,000 USD

Light Distribution For Sale • 13,300 SF

Property Details

Property Type Light Distribution
Total Building Size 13,300 SF
Lot Size 2.15 AC
Building Class B
Year Built 1960
Cap Rate 7.75 %
Tenancy Multiple
Zoning Comm

0 Transit Score

49 Walk Score

                
                    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.

Property Flyers

10151-10155 Main Flyer

Financial Summary (Proforma)

Net Operating Income: $108,997 USD (2023)

Cap Rate:	7.75 %
Total Expenses:	$27,176 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
David DeMarie Dance Studio	3,800 SF	7/31/2027
Glamour Pool	4,000 SF	10/1/2024

Public Transportation

Commuter Rail	Drive	Walk	Distance
	18 min	-	9.7 mi
Airport	Drive	Walk	Distance
Buffalo Niagara International	14 min	-	7.6 mi
Niagara Falls International	39 min	-	22.1 mi

Joshua Angelotti 716-587-8700 Stonewall Property Management

10151-10155 Main St Clarence, NY 14031