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    588 Monroe St Buffalo, NY 14211

    For Sale
    $1,164,000

    40,000+ SF brick building with open floor plates.

    Property size:
    40,000 SF
    Lot size:
    0.71 Acres

    Property Features for 588 Monroe St

    General Information

    Size
    40,000 SF
    Lot size
    0.71 Acres

    Source: Hunt Commercial - Buffalo Agent Amanda Hirsch

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

    Overview

    40,000 SF Brick Building

    The property is a 40,000+ SF brick building featuring large, open floor plates and high ceilings. It benefits from abundant natural light and includes an operating freight elevator. The property offers potential for an adaptive reuse project. It includes two dock doors and on-site parking, situated on a 0.70-acre lot. Currently, the building is fully occupied by a single tenant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Buffalo custom covers Sewing Company Synthetic Textile Inc Manufacturer

    Suggested Use

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

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

    Similar Places Nearby

    Buffalo Storage on Broadway, MoreStorage.com, Pro Moving and Storage

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8523494
    Latitude
    42.8962971

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    FAQs

    What type of property is this?
    Warehouse - 40,000+ SF brick building with open floor plates.
    Where is this warehouse located?
    The property is located at 588 Monroe St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $1,164,000.
    What are key features of this property?
    This property features: - 40,000 +SF brick building suitable for adaptive reuse.; - Large, open floor plates and high ceilings.; - Operating freight elevator.
    (716) 854-5943
    Request Owner's contact information
    588 Monroe St Buffalo, NY 14211
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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
    588 Monroe St Buffalo, NY 14211
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