Mixed-Use Property in Buffalo,
1285 William St Buffalo, NY
For Sale
Contact for pricing
Warehouse, office, and restaurant spaces available for sale.
Property Size18,000 SF
Lot Size4.33 Acres
Price / SF$94.44
Days on Market1254
Property Features for 1285 William St
General Information
Standard status
Active
Size
18,000 SF
Lot size
4.33 Acres
Property subtype
RETAIL
Listing Agency:
Recckio Real Estate & Development
(716) 998-4422
Listed By:
Rick Recckio · License #31RE0821429
(716) 998-4422
Source:
Moodyscre
Added: Feb 21, 2023
Changed: Jul 6
Last Checked: Jul 21 at 8:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Recckio Real Estate & Development
Investment Insights
Based on property information with market context.
This property features a mix of warehouse, office, and restaurant spaces. The electrical system includes 400 AMP, 480 Volt power. There are two parking lots, one measuring approximately 7.66 acres. The property also includes approximately 800 square feet of office space in excellent condition. The property is offered for sale.
Key Highlights
- Warehouse, office, and restaurant spaces available
- Features 400 AMP, 480 Volt Power
- Two parking lots totaling 7.66+/- acres
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $183.6k | $10.20 |
| − Vacancy | −$3.5k | −$0.19 |
| EGI | $180.1k | $10.01 |
| − OpEx | −$27.0k | −$1.50 |
| NOI | $153.1k | $8.51 |
18,000 SF · lease $10.20/SF/yr · vacancy 1.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.21M
$2.81M – $3.74M
NOI $224,451 @ 7.0% cap · market cap 13.20%
Second Best
Specialty Retail
$2.95M
$2.58M – $3.44M
NOI $206,388 @ 7.0% cap · market cap 12.14%
Theoretical Best
Office A
$4.33M
$3.79M – $5.05M
NOI $303,005 @ 7.0% cap · market cap 17.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Chys Kitchen&Catering LLC — 1021 Broadway, Buffalo, NY 14212
- Pup Soda — 1200 William St Unit 265, Buffalo, NY 14240
- Tomaso's — 1310 Clinton St, Buffalo, NY 14206
- Loose Cannon Food Truck — 1310 Clinton St, Buffalo, NY 14206
Frequently Asked Questions
What type of property is this?
Restaurant - Warehouse, office, and restaurant spaces available for sale.
Where is this restaurant located?
The property is located at 1285 William St Buffalo, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Warehouse, office, and restaurant spaces available; Features 400 AMP, 480 Volt Power; Two parking lots totaling 7.66+/- acres
