Auction, 2.9 Acres Buffalo Msa
2581 Niagara Falls Blvd : Wheatfield, NY 14304
Niagara County, New York
Property Description
RealINSIGHT Marketplace Online Auction June 26-28, 2023.
All bidders must register with Marketplace to participate in the auction event.
Investment Highlights
2.9 Acre Development Opportunity in Wheatfield, New York (Buffalo/Niagara Falls Msa)
Favorable C-1, Commercial Zoning with Flexible Uses Permitted including Service, Restaurant, Hotel, and Retail
227' of Frontage on Niagara Falls Blvd and Benefitting from Traffic Counts of ±18,461 Vpd
Strong Demographics with a 5-Mile Population of ±76,832 and Annual Household Income of ±$83,017
Absolute $1 Auction - NO Reserve.
Offering Summary
Marcus & Millichap and RI Marketplace are pleased to present a 2.9-Ac parcel located at 2581 Niagara Falls Boulevard (the “Property”) in Wheatfield, New York. The Property offers an exceptional investment opportunity via development and first bid meets reserve.
The Property is vacant land and consists of a single parcel totaling 2.9 acres. The Property is positioned with over 227 feet of frontage and visibility on Niagara Falls Blvd benefiting from traffic counts of 18,461 vehicles per day. Demand generators in the area include Niagara Falls International Airport (1.8 miles), several schools, and major employers including Kaleida Health, Catholic Health Services, and M&T Bank. The Property benefits from highly favorable and flexible Commercial zoning within Niagara Falls Blvd Overlay District that allows for a wide variety of commercial uses including retail, personal service shops, restaurants, hotels/motels, laundry or dry-cleaning facilities, and commercial storage buildings with a special permit.
Wheatfield is a town in Niagara County, New York approximately 20 miles north of Buffalo and 7 miles east of Niagara Falls. The town is in the Buffalo metro area which contains the popular tourist attraction Niagara Falls and located less than 100 miles from Toronto, Canada. As of 2022, there were approximately 76,832 residents with an average household income of $83,017 within a 5-mile radius of the Property.
Ralph Passono, Jr.
Fisher Auction Company Inc.
License: 1
Ny Broker No.: 10311203946
