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    249 Hickory St Buffalo, NY 14204

    For Sale
    $264,900

    Buffalo Warehouse: 4,600 SF, 2 Units

    Property size:
    4,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property, located at 249 Hickory Street in Buffalo, New York, presents a compelling investment opportunity. The warehouse comprises 4,600 square feet of space, divided into two equal units, each measuring 2,300 square feet. Built in 1958, the building offers three grade-level dock high doors, providing convenient access for loading and unloading. Its strategic location on Hickory Street, between Broadway and William Street, ensures excellent accessibility and visibility within the Buffalo market. The asking price for this well-maintained warehouse is $264,900. This property is ideal for a variety of uses, offering significant potential for both immediate income generation and long-term appreciation. The two separate units allow for flexibility in tenant occupancy, maximizing rental income potential. The property's solid construction and convenient location make it a highly desirable asset in the competitive Buffalo industrial real estate market. With its three grade-level loading doors, efficient layout, and prime location, this warehouse is ready for immediate occupancy and offers a strong return on investment. The property is situated in Erie County, New York, with a zip code of 14204. This is a rare opportunity to acquire a well-positioned industrial property in a thriving urban area.

    Property Features for 249 Hickory St

    General Information

    Property type
    Distribution properties
    Square Feet
    4,600 SF

    Building Details

    Year Built
    1958
    Units
    2

    HighLights

    • 4,600 SF industrial warehouse in Buffalo, NY, divided into two 2,300 SF units.
    • Three grade‑level dock‑high doors for easy loading/unloading.
    • Located on Hickory Street, between Broadway and William Street, offering excellent accessibility and visibility.
    • Asking price: $264,900.
    • Located in Erie County, NY, zip code 14204.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8581406
    Latitude
    42.8858367

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    FAQs

    What type of property is this?
    Distribution property - Buffalo Warehouse: 4,600 SF, 2 Units
    Where is this distribution property located?
    The property is located at 249 Hickory St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $264,900.
    What are key features of this property?
    This property features: 4,600 SF industrial warehouse in Buffalo, NY, divided into two 2,300 SF units.; Three grade-level dock-high doors for easy loading/unloading.; Located on Hickory Street, between Broadway and William Street, offering excellent accessibility and visibility.
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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
    249 Hickory St Buffalo, NY 14204
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