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    235 North St Buffalo, NY 14201

    Sponsored
    For Sale
    $1,700,000

    19,000 SF Class A Medical Office, $1.7M

    Property size:
    19,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A medical office building, located at 235 North St in Buffalo, NY, presents a unique investment opportunity. The property boasts 19,000 square feet of space spread across two stories, situated on a 0.75-acre lot. Built in 1960, the building has undergone extensive renovations, including a significant upgrade to its HVAC system, featuring high-grade, high-efficiency boilers throughout. The property also benefits from a newly installed snow melt system and heated sidewalks, ensuring year-round accessibility and comfort. Ample parking is provided with a gated, private lot accommodating 55 vehicles. Additional features include two elevators, one of which is handicap accessible, and a backup generator (Xxkw). Its convenient location in close proximity to the Buffalo Medical Campus makes this property highly desirable for medical practices and related businesses. The building's modern amenities and strategic location combine to create a compelling investment opportunity in a thriving market. The asking price is $1,700,000. The property's zip code is 14201, and it is located in Erie County, New York.

    Property Features for 235 North St

    General Information

    Property type
    Medical offices
    Square Feet
    19,000 SF
    Class
    A
    Lot Size
    32,670 SF

    Building Details

    Year Built
    1960
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Kathleen J. Smith, ... Physical Therapy Clinic Aileen E. Bergen, ... Orthopedic Surgeon Simmons Orthopaedic & Spine Physical Therapist Simmons Orthopaedic & Spine: ... Orthopedic Surgeon Schwarzmueller Sarah J Doctor

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8780273
    Latitude
    42.9028278

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    FAQs

    What type of property is this?
    Medical office - 19,000 SF Class A Medical Office, $1.7M
    Where is this medical office located?
    The property is located at 235 North St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $1,700,000.
    Request Owner's contact information
    235 North St Buffalo, NY 14201
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    Buffalo, NY 14201
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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
    235 North St Buffalo, NY 14201
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