31 views

4588 S Park Ave

4588 South Park Ave, Buffalo, NY 14219, USA
Available Now
31 views
FOR SALEOffice / Creative
Cap Rate
7.74%
NOI
$170,200
Building Size
17,000SF
Parking Info
29 Spaces
Lot Size
2.5Ac
Year Built
1901
Listing Contacts
Licensed Associate Real Estate Broker
AI Property Insights
Distilled from listing data, documents and public records · 30-second read

Newly constructed dual drive-thru 7 Brew Coffee in Brownwood, Texas, offered at $1,683,000 at a 6.00% cap ($101,000 NOI). The single-tenant asset is secured by a 15-year absolute NNN ground lease with 10% rent increases every five years and zero landlord responsibilities. The structure is fully passive and management-free, which suits out-of-state and 1031 buyers.

Built in 2025, the 510 SF building sits on a 44,431 SF (1.02-acre) C-1 parcel with 12 parking spaces along Commerce Street (US-84/US-377), Brownwood's primary commercial corridor. The trade area is anchored by Walmart Supercenter, Home Depot, and United Supermarkets, with neighboring national QSR brands such as Chick-fil-A, McDonald's, Whataburger, and Starbucks. About 36,000 residents live within ten miles.

Why it works
  • 15-year absolute NNN ground lease with zero landlord responsibilities
  • 10% rent increases every five years
  • New 2025 construction, dual drive-thru
  • Leased-fee ownership; passive, 1031-eligible income
  • Anchored corridor alongside Walmart Supercenter and Home Depot
  • --
  • *CORRECTED OUTPUT FOR 4588 S PARK AVE, BUFFALO:**
  • Class B creative office on 2.5 acres in Hamburg, New York, offered at $2,200,000 at a 7.74% cap ($170,200 NOI). The multi-building property comprises a restored three-story Victorian office building (8,800 SF), a heated barn (7,680 SF), and a cottage (400 SF), with flexible net lease terms and current tenant willing to vacate for owner-occupancy—ideal for both investors and owner-users.
  • Built in 1901 and renovated in 2012, the main office building features modernized Class A space with conference rooms, private offices, hardwood floors, an elevator, and restored architectural details. The 7,680 SF barn offers flexible space for storage, fitness, vehicle parking, or other commercial uses and generates additional rental income. The 2.5-acre site includes a paved lot with 29 parking spaces, dual access points, and attractive landscaping. Located at the roundabout of South Park Avenue (Route 62) and Big Tree Road (Route 20), the property sits minutes from I-90, Route 219, and Highmark Stadium, with access to airport, bus lines, and commuter rail.
  • Highlights:
  • Flexible net lease; current tenant willing to vacate for owner-occupant
  • Multi-building income: Victorian office, heated barn, and cottage
  • Restored 1901 Victorian with modernized Class A finishes and elevator
  • 2.5 acres with 29 parking spaces and dual access points
  • Prime location at Route 62/Route 20 roundabout, minutes from I-90 and Highmark Stadium
AI-generated. Verify figures, lease terms & zoning before relying on them.

More property details

APN
144889-160-140-0001-005-000
Year Renovated
2012
Tenancy
Single Tenant
Currently Leased
No
Investment
Owner User
Sale Type
Investment Sale
Building FAR
0.16
Property Class
B
No of Stories
3

Features & amenities

Site Amenities
Conference rooms
Unit Amenities
Hardwood Floors
Location Amenities
Airport
Bus Lines
Commuter Rail

Location

Loading map…
4588 S Park Ave
About the location

Conveniently located at the roundabout of South Park Avenue (Rt. 62) and Big Tree Road (Rt. 20) in Hamburg, NY, this well-maintained 2.5-acre property offers approximately 17,000 square feet across three buildings and is just minutes from I-90, Rt. 219, and Highmark Stadium. The property includes a beautifully restored 8,800 SF three-story Victorian office building featuring modernized Class A office space with conference rooms, private offices, restored architectural details, an elevator, updated mechanical systems, and premium finishes. A second 7,680 SF heated barn provides flexible space for storage, fitness, vehicle parking, or other commercial uses, while a restored 400 SF cottage generates additional rental income. The site also features a paved parking lot with 35–40 surface spaces, approximately 15 garage spaces, dual access points, and attractive landscaping. Offered with a flexible net lease, the current tenant is willing to vacate for an owner-occupant, making this an excellent opportunity for both investors and users.

4588 S Park Ave
17,000 SF · office · Buffalo · NY