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    703 Washington St Buffalo, NY 14203

    Sponsored
    For Sale
    $1,100,000

    11,289 SF Flex Space, $1.1M

    Property size:
    11,289 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, 11,289 square foot commercial building is ideally situated in downtown Buffalo at the corner of Washington and Tupper Streets, offering unparalleled visibility. Built in 1980 and extensively renovated in 2020, this Class B property boasts a 100% occupancy rate with a single tenant. The building features convenient on-site parking for 10 vehicles, a significant advantage in a bustling urban environment. Each floor is thoughtfully designed with its own kitchen and bathrooms, enhancing functionality and convenience for occupants. The flexible space, suitable for executive offices or other uses, provides ample room for a variety of business needs. Its prime location provides easy access to the 33 Expressway and the New York State Thruway, ensuring seamless connectivity throughout the region. The asking price for this turnkey investment opportunity is $1,100,000. This property represents a rare opportunity to acquire a well-maintained, high-visibility commercial building in a thriving downtown location. The building's modern amenities, combined with its strategic location and convenient access to major transportation arteries, make it an attractive investment for discerning buyers. The 100% occupancy rate ensures immediate cash flow, making this a compelling proposition for investors seeking a stable and profitable asset.

    Property Features for 703 Washington St

    General Information

    Property type
    Flex space
    Square Feet
    11,289 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1980/2020
    Stories
    3

    HighLights

    • $1,100,000 asking price for this 11,289 SF office/industrial property.
    • Class B, single‑tenant, 100% occupied building.
    • 11,289 square feet across three stories, built in 1980, renovated in 2020.
    • Features 10 parking spaces and excellent visibility at a corner location in downtown Buffalo, NY.
    • Convenient access to I‑33 and the NYS Thruway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Buffalo Prenatal-Perinatal Network ... Office

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store 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
    -78.8705558
    Latitude
    42.8929888

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    FAQs

    What type of property is this?
    Flex space - 11,289 SF Flex Space, $1.1M
    Where is this flex space located?
    The property is located at 703 Washington St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price for this 11,289 SF office/industrial property.; Class B, single-tenant, 100% occupied building.; 11,289 square feet across three stories, built in 1980, renovated in 2020.
    Request Owner's contact information
    703 Washington St Buffalo, NY 14203
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    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
    703 Washington St Buffalo, NY 14203
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