Formerly The Grapevine Restaurant. Redevelopment Opportunity 1.5+/- Acres

2545 Niagara Falls Boulevard Amherst, NY 14228

2545 Niagara Falls Boulevard, Amherst, NY, 14228
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FOR SALE
Property Type:
Free Standing Building
Amount:
$2,500,000
Last Verified:
Sep 16, 2024

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Highlights

  • 12,107+/- SF
  • 1.5 Acres
  • Lot Size: 243' x 244'
  • 90+/- Paved Parking Spaces
  • Excellent Visibility

Description

Discover an exceptional Investment/Redevelopment opportunity on Niagara Falls Blvd in Amherst! This expansive 1.5-acre corner lot is perfectly positioned on the bustling Niagara Falls Blvd, making it an ideal site for a lucrative development project. With an impressive 484 feet of road frontage, this highly visible and accessible location is easily reached from both Ellicott Creek Rd and Niagara Falls Blvd. The property features a fully paved, large parking lot, a well-established restaurant, formerly the Grapevine Restaurant, which recently closed after 41 successful years in business, an adjacent duplex, offering potential income while you plan your development. The spacious layout and strategic positioning make this property versatile for various development possibilities. The location’s prominence is highlighted by an average daily traffic count of 35,600, ensuring a constant flow of potential customers and clients. With its strategic location and 12,107+/- SF structures, this property is poised to become a cornerstone of success for new, reuse, or development projects. Situated in a dynamic and growing community, don’t miss out on this prime Investment/Redevelopment opportunity!












Located on a bustling commercial corner lot of Niagara Falls Blvd and Ellicott Creek Rd in Amherst, New York. Which is situated on a major thoroughfare, Route 62 Niagara Falls Blvd, is the main North-South Route into Niagara Falls. Across from Ellicott Creek Park, Nearby Amherst Office Park, Tops Supermarket, Wegman's, Kohls, Target, Trader Joe's, Tim Horton's, Anderson's Frozen Custard and University of Buffalo.

Building Size: 12107sq ft
Lot Size: 1.5 acres


Documents

Sale Brochure

Map of 2545 Niagara Falls Boulevard, Amherst, NY, 14228

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.