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    118 Michigan Ave Buffalo, NY 14204

    Sponsored
    For Sale
    $755,000

    Spacious warehouse, ideal for various uses.

    Property size:
    12,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,560 square foot warehouse, located at 118 Michigan Avenue in Buffalo, NY, presents a compelling investment opportunity. Built in 1920, this two-story brick building boasts a 28-foot ceiling height, offering ample vertical space. The property features convenient access to major highways and economic corridors, ensuring efficient transportation and logistics. The warehouse itself includes a substantial 12x12-foot main drive-in door and a secondary 12x10-foot drive-in door, facilitating easy loading and unloading. A convenient ramp provides effortless access to the second story, expanding storage and operational capabilities. The asking price is $755,000, translating to $60.11 per square foot. Situated in the heart of downtown Buffalo, this property benefits from a prime location and excellent visibility. This industrial property is a single building on a single lot, offering a unique opportunity for businesses seeking a well-established and strategically positioned warehouse space in a thriving urban environment. The property's age and character add to its unique appeal, while its modern features ensure practical functionality. This is a rare opportunity to acquire a substantial warehouse in a highly desirable location.

    Property Features for 118 Michigan Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    12,560 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    2

    HighLights

    • $755,000 asking price for this industrial warehouse property.
    • 12,560 square feet with a price per square foot of $60.11.
    • Located at 118 Michigan Ave, Buffalo, NY 14204.
    • Built in 1920, this two‑story brick warehouse features a 28' ceiling height.
    • The property includes a 12' x 12' main drive‑in and a 12' x 10' secondary drive‑in, plus a ramp for second‑story access.
    • Great downtown Buffalo location with easy access to major highways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.871556
    Latitude
    42.874758

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, ideal for various uses.
    Where is this distribution property located?
    The property is located at 118 Michigan Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $755,000.
    What are key features of this property?
    This property features: $755,000 asking price for this industrial warehouse property.; 12,560 square feet with a price per square foot of $60.11.; Located at 118 Michigan Ave, Buffalo, NY 14204.
    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
    118 Michigan Ave Buffalo, NY 14204
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