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    98 Rhode Island St Buffalo, NY 14213

    Sponsored
    For Sale
    $449,000

    9,200 SF Warehouse/Flex, I-190 Access

    Property size:
    9,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,200-square-foot industrial flex space presents a unique owner-user opportunity in Buffalo, NY. Located at 98 Rhode Island Street, this single-story, 1920-built building boasts a blend of warehouse and office space, ideal for a variety of businesses. The property includes 2,000 square feet of renovated office space, featuring modern upgrades such as a new HVAC system, a newly renovated bathroom, and a brand-new roof. Energy-efficient LED lighting is installed throughout. The warehouse area, encompassing 7,200 square feet, is heated and equipped with one at-grade overhead door for convenient loading and unloading of goods. Its strategic location in Buffalo's Lower West Side offers unparalleled access to major transportation arteries. Just minutes from the I-190 on/off ramps and the Peace Bridge, this property provides seamless connectivity to regional and international transportation networks. The asking price for this turnkey industrial property is $449,000. This represents a compelling investment opportunity for businesses seeking a well-maintained, strategically located facility with modern amenities. The property's combination of renovated office space and functional warehouse space makes it suitable for a wide range of uses, offering significant potential for growth and profitability. Don't miss this chance to acquire a prime industrial asset in a thriving location.

    Property Features for 98 Rhode Island St

    General Information

    Property type
    Distribution properties
    Square Feet
    9,200 SF

    Building Details

    Year Built
    1920
    Stories
    1
    Units
    1

    HighLights

    • 9,200 SF industrial flex space in Buffalo, NY, owner‑user opportunity.
    • Single‑story building with 2,000 SF renovated office space and 7,200 SF warehouse space.
    • Recent upgrades include new HVAC, bathroom, roof, and LED lighting.
    • Heated warehouse with one at‑grade overhead door.
    • Prime location near I‑190 and Peace Bridge; asking price $449,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8961981
    Latitude
    42.9064986

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    FAQs

    What type of property is this?
    Distribution property - 9,200 SF Warehouse/Flex, I-190 Access
    Where is this distribution property located?
    The property is located at 98 Rhode Island St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: 9,200 SF industrial flex space in Buffalo, NY, owner-user opportunity.; Single-story building with 2,000 SF renovated office space and 7,200 SF warehouse space.; Recent upgrades include new HVAC, bathroom, roof, and LED lighting.
    Request Owner's contact information
    98 Rhode Island St Buffalo, NY 14213
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    Buffalo, NY 14213
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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
    98 Rhode Island St Buffalo, NY 14213
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