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    525 Washington St Buffalo, NY 14203

    Sponsored
    For Sale
    $1,350,000

    Prime location, 15,220 sq ft, redevelopment opportunity.

    Property size:
    15,220 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, 15,220 square foot office building at 525 Washington Street in Buffalo, NY's central business district presents a compelling investment opportunity. Built in 1900 and extensively renovated in 2022, this Class B property offers a blend of historical charm and modern functionality. The building sits on a 0.15-acre lot and boasts a prime corner location with 160 feet of street frontage, ensuring high visibility and accessibility. The property's N-1D zoning permits a variety of uses, making it ideal for owner-users, investors, or those seeking a redevelopment project. With its substantial square footage and strategic location within a high-traffic area, this fee-simple ownership opportunity is perfect for those seeking a strong return on investment. The building's 15,220 square feet of net rentable space provides ample room for various business needs. The address is 520 Washington Street, Buffalo, NY 14203, Erie County. The APN is 140200-111-460-0008-015-100. The asking price is $1,350,000.

    Property Features for 525 Washington St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    15,220 SF
    Class
    B
    Lot Size
    6,534 SF

    Building Details

    Year Built/Renovated
    1900/2022
    Buildings
    1
    Stories
    3

    HighLights

    • High‑visibility corner lot in downtown Buffalo, offering 160 feet of frontage and excellent pedestrian and vehicular traffic.
    • Suitable for owner‑occupancy, investment, or redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    St Ann's Apartments Apartment Building Delta Development-WNY Corporate Office Catholic Charities WIC Public Health Department Libassi Suzanne M Counselor Ismihan Mohawk Club Musical Club

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.87238197
    Latitude
    42.88845318

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, 15,220 sq ft, redevelopment opportunity.
    Where is this mixed-use property located?
    The property is located at 525 Washington St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: High-visibility corner lot in downtown Buffalo, offering 160 feet of frontage and excellent pedestrian and vehicular traffic.; Suitable for owner-occupancy, investment, or redevelopment.;
    Request Owner's contact information
    525 Washington St Buffalo, NY 14203
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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
    525 Washington St Buffalo, NY 14203
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