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    50 Wecker St Buffalo, NY 14215

    Sponsored
    For Sale
    $1,390,000

    54,881 SF Warehouse/Manufacturing

    Property size:
    54,881 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 54,881-square-foot industrial property, situated on a 2.5-acre lot in Buffalo, NY's Genesee Moselle neighborhood, presents a unique investment opportunity. Built in 1940, this single-story building boasts a versatile layout ideal for distribution, manufacturing, or warehouse operations. The property features three grade-level doors (measuring 17'x14' and 18'x15'), providing convenient access for loading and unloading. High ceilings, ranging from 14'7" to 22'5", offer ample vertical space. Power is supplied by a robust three-phase 480V 800Amp system. Eight overhead cranes (with capacities of 1, 2, and 10 tons) are in place, catering to heavy-duty material handling needs. A large outdoor storage yard complements the indoor space. The property is zoned D-IL Light Industrial and benefits from excellent access to major transportation arteries, including Route 33 (one mile away) and I-90/NYS Thruway (3.5 miles away). Its proximity to the U.S.-Canada border crossing (Peace Bridge, 9 miles) adds to its strategic location. The asking price is $1,390,000. A potential lease rate of $4.50/SF NNN is also available. The property is adaptable and could be subdivided into separately metered units. A Phase II expansion is also possible.

    Property Features for 50 Wecker St

    General Information

    Property type
    Distribution properties
    Square Feet
    54,881 SF
    Lot Size
    108,900 SF

    Building Details

    Year Built
    1940
    Buildings
    1
    Stories
    1

    HighLights

    • 54,881 SF industrial building on a 2.5‑acre lot, divisible into separately metered units.
    • Clear heights ranging from 14'7" to 22'5".
    • Three grade‑level loading doors (17'x14' and 18'x15').
    • Three‑phase 480V 800Amp power.
    • Eight overhead cranes (1, 2, and 10‑ton capacities).
    • D‑IL Light Industrial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Buffalo Metal Fabricating Metal Fabricator Buffalo OutFront Metalworks Metal Working Shop

    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
    -78.815475379519
    Latitude
    42.920756774314

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    FAQs

    What type of property is this?
    Distribution property - 54,881 SF Warehouse/Manufacturing
    Where is this distribution property located?
    The property is located at 50 Wecker St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: 54,881 SF industrial building on a 2.5-acre lot, divisible into separately metered units.; Clear heights ranging from 14'7" to 22'5".; Three grade-level loading doors (17'x14' and 18'x15').
    Request Owner's contact information
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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
    50 Wecker St Buffalo, NY 14215
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