A series of seven Village of Kenmore properties - all centered along the Delaware Avenue business district - have been sold by one local investment group to another locally-based investment group.

The deal is one of the largest commercial real estate transactions in recent memory within the Village of Kenmore.

According to documents filed May 17 in the Erie County Clerk's office, investors Kenmore Delaware Retail LLC sold the properties to Delaware Retail LLC for $2,345,617.

All seven properties were sold in one commercial real estate package.
The properties include a mix of retail, office, and some apartments along with a parking lot.

Tenants include KeyBank and Jay’s Artisan Pizza.

All current tenants are expected to remain, real estate sources said.
The buildings are located at:

2860 Delaware Ave.
2872 Delaware Ave.
2896 Delaware Ave.
3104 Delaware Ave.
3107 Delaware Ave.
13 Hamilton Boulevard
13 Mang Ave.

Sources said the deal was attractive because of the tenants like KeyBank and Jay’s, but also within one square mile, there are 27,901 residents (as of 2023 and LoopNet data) and projected to increase 1.84% to 28,414 by 2028.

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