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    1067 Broadway St Buffalo, NY 14212

    Sponsored
    For Sale
    $400,000

    Former bank, high visibility, 11,356 SF

    Property size:
    11,356 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 1067 Broadway in Buffalo, New York, presents a unique investment opportunity. The former bank building boasts a substantial 11,356 square feet of space, offering versatile options for a variety of retail or office uses. The building's prominent corner location on Broadway ensures excellent visibility and accessibility, situated within the developing Broadway-Fillmore area. The first floor offers ample space ideal for retail businesses or office spaces, while the second floor provides additional space suitable for apartments or further office expansion. The property's asking price is $400,000, translating to a price per square foot of $35.22. Annual property taxes are $3,800. This building's size, location, and adaptability make it an attractive prospect for investors seeking a strong return in a revitalizing neighborhood. The building's history as a bank provides a solid foundation for future development, offering a unique blend of character and modern potential. Detailed floor plans and further information are available upon request. Don't miss this chance to acquire a prime commercial property in a rapidly growing area of Buffalo.

    Property Features for 1067 Broadway St

    General Information

    Property type
    Individual retail properties
    Square Feet
    11,356 SF

    HighLights

    • 11,356 SF former bank building at 1067 Broadway, Buffalo, NY.
    • Prominent corner location with excellent visibility and accessibility in the developing Broadway‑Fillmore area.
    • Versatile space suitable for retail or office use on the first floor, with additional space on the second floor ideal for apartments or office expansion.
    • Asking price: $400,000 ($35.22/SF); Annual property taxes: $3,800.
    Property Profile Location Intelligence

    Current Use by Public Records

    Broadway Mart Convenience Store Izzy's Eddies Bait ... Fishing Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.83531734839
    Latitude
    42.893760331503

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    FAQs

    What type of property is this?
    Individual retail property - Former bank, high visibility, 11,356 SF
    Where is this individual retail property located?
    The property is located at 1067 Broadway St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 11,356 SF former bank building at 1067 Broadway, Buffalo, NY.; Prominent corner location with excellent visibility and accessibility in the developing Broadway-Fillmore area.; Versatile space suitable for retail or office use on the first floor, with additional space on the second floor ideal for apartments or office expansion.
    Request Owner's contact information
    1067 Broadway St Buffalo, NY 14212
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    Buffalo, NY 14212
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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
    1067 Broadway St Buffalo, NY 14212
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