Delavan Station Center, located at the corner of Main Street, has been sold for $1,800,000. McGuire Development Company facilitated the sale of the 15,000 square foot two-story mixed-use building, which is comprised of seven storefronts and eight second-storey apartments. According to McGuire, the fully (retail) leased property, located across the street from Canisius College, was sold by Delavan Station Inc. The buyer is Tong 168 LLC (represented by Robert Marcus of Colby Development).
This is a prime location, in close proximity to Canisius, the Metro Rail, and a number of Sinatra & Company Real Estate developments underway at the corner of Main and West Ferry. This particular property has undergone a series of ups and downs over the years. Not long ago a decent sandwich shop (Dagwood’s) closed at the eastern end of the plaza.
Delavan Station Center is home to a School of Dance, a nail salon, an MD, a Chinese Restaurant and a tax service. The asking price was $2.5 million.