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    1471 Main St Buffalo, NY 14209

    For Sale
    $750,000

    28,586 SF building with redevelopment potential in Buffalo, NY.

    Property size:
    28,586 SF

    Property Features for 1471 Main St

    General Information

    Size
    28,586 SF

    Building Details

    Year built
    1935

    Source: Michael Scheid Agent Michael Scheid

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buffalo Industrial Building For Sale

    This 28,586 SF building in Buffalo, NY, presents a compelling investment opportunity. Constructed in 1935, the property retains its original brick and steel-cased windows, now concealed by corrugated metal cladding. Currently, Budget Rental Car leases approximately 10,000 SF of the space, providing ongoing cash flow. The building is a candidate for creative uses, including loft conversion and other adaptive redevelopments. Operating at a 6.5% cap rate with high vacancy, this building offers substantial potential for growth and value creation. The location provides convenient access to the Buffalo area. The surrounding area offers a dynamic blend of business and leisure, with a range of dining options from trendy cafes to upscale restaurants. Nearby attractions include the Albright-Knox Art Gallery and the Buffalo Zoo. The neighborhood provides a stimulating environment for professionals and their clients, with a mix of green spaces, historic landmarks, and cultural hotspots.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Metro Self Storage Center, Self Storage, Self-Storage at U-Haul, Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8646209
    Latitude
    42.9136915

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    FAQs

    What type of property is this?
    Warehouse - 28,586 SF building with redevelopment potential in Buffalo, NY.
    Where is this warehouse located?
    The property is located at 1471 Main St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Strong National Tenant (Budget Rental Car) provides ongoing cash flow.; - High Vacancy offers substantial potential for growth and value creation.; - Located in a vibrant area of Buffalo with dining, arts, and cultural attractions.
    (716) 491-7181
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1471 Main St Buffalo, NY 14209
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