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    1060 Englewood Ave Buffalo, NY 14223

    For Sale
    $325,000

    Buffalo, NY Creative Office - $325,000

    Property size:
    4,128 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 4,128 square foot Class C creative office building, constructed in 1920, presents a unique investment opportunity in Buffalo, New York. Located at 1060 Englewood Ave, this property boasts a flexible layout ideal for various commercial uses. A long-term tenant currently occupies 960 square feet, generating rental income to offset expenses. The remaining 3,168 square feet of vacant space offers significant potential for expansion or customization. Features include high ceilings, a display window, a separate office, and an ADA-compliant bathroom. Both units benefit from separate full basements and utilities. The roof drains were approximately replaced 6 years ago, and the electrical system was updated in 2021 for both units. A side driveway leads to a grassy area behind the building, offering potential for additional parking with gravel installation. The property enjoys high traffic counts and excellent walkability, making it an attractive location for businesses. This property is situated in Erie County, NY, zip code 14223. The asking price is $325,000.

    Property Features for 1060 Englewood Ave

    General Information

    Property type
    Office space
    Square Feet
    4,128 SF
    Class
    C

    Building Details

    Year Built
    1920

    HighLights

    • $325,000 asking price.
    • 4,128 square foot Creative Office building.
    • Class C property built in 1920.
    • Located at 1060 Englewood Ave, Buffalo, NY 14223.
    • Features high ceilings, display window, separate office, and ADA‑compliant bathroom.
    • Includes two units with separate basements and utilities, plus a side driveway and potential for additional parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -78.8534372
    Latitude
    42.9725355

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    FAQs

    What type of property is this?
    Office space - Buffalo, NY Creative Office - $325,000
    Where is this office space located?
    The property is located at 1060 Englewood Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 4,128 square foot Creative Office building.; Class C property built in 1920.
    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
    1060 Englewood Ave Buffalo, NY 14223
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