Patricia Collins 7168396100 x 203

Spare Time Bowling 2850 William St 12,420 SF 100% Leased Retail Building Buffalo, NY 14227 $875,000 ($70.45/SF) 8.91% Cap Rate

INVESTMENT HIGHLIGHTS

Central to all of WNY
Many other uses for the building

Strong NOI
Immediate access to I-90

EXECUTIVE SUMMARY

Existing, successful, operational bowling alley with restaurant and bar. Long standing leagues, ample on site parking. Well maintained with newer roof and mechanicals. Owner retiring. Great building for many retail uses!! Room for expansion or outdoor patio.

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Building Size

12,420 SF

Building Class

Year Built

1957

Price

$875,000

Price Per SF

$70.45

Cap Rate

8.91%

NOI

$78,000

Percent Leased

100%

Building Height

1 Story

Building FAR

0.23

Lot Size

1.25 AC

Zoning

05C - Commercial

Parking

50 Spaces (4.03 Spaces per 1,000 SF Leased)

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
William St	Manko Dr, W	29,839	2024	0.04 mi
William Street	Manko Dr, W	30,060	2025	0.06 mi
William St	Ceil Dr, W	29,202	2025	0.13 mi
Exit 52A over C from CR 207 WILLIAM ST to I-90 EB (ON)	William St, SE	6,953	2025	0.17 mi
Ludwig Ave	William St, SE	7,041	2024	0.18 mi
I- 90	William St, NE	32,852	2025	0.23 mi
I- 90	Clinton St, S	85,039	2023	0.24 mi
Exit 52A over C from I-90 WB (OFF) to CR 207 WILLIAM ST	Decks Pl, SE	11,331	2025	0.24 mi
William St	I- 90, NE	6,881	2024	0.26 mi
Exit 52A over C from CR 207 WILLIAM ST to I-90 WB (ON)	I- 90, NE	6,801	2025	0.27 mi