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    487 Main St Buffalo, NY 14203

    Sponsored
    For Sale
    $1,699,000

    14,400 SF Executive Office, Vacant

    Property size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14,400-square-foot executive office building, located at 487 Main St, Buffalo, NY 14203, presents a unique investment opportunity. Situated in Buffalo's highly desirable Central Business District, this one-story, Class B building boasts a prime corner location at Main Street and East Mohawk Street, adjacent to Lafayette Square. Built in 1915 and renovated in 2005, the property is currently vacant, offering a blank canvas for a new owner. The building features a first-floor café, adding to its versatility and potential income streams. Its N-1D zoning allows for a variety of uses. Conveniently located less than a mile from Canalside and the Buffalo Niagara Medical Campus, this property benefits from excellent access to major transportation arteries, including the NYS I-190 and Kensington Expressway. The building includes one elevator in good working order, serving all floors. Street and ramp parking are available nearby. This mixed-use building is surrounded by a vibrant live-work community with numerous restaurants, offices, and entertainment options within walking distance. The 0.06-acre lot provides ample space for the building and potential future development. This is a rare opportunity to acquire a well-positioned property in a thriving downtown area.

    Property Features for 487 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    14,400 SF
    Class
    B
    Lot Size
    2,614 SF

    Building Details

    Year Built/Renovated
    1915/2005
    Stories
    1

    HighLights

    • Street and ramp parking available.
    • One elevator servicing floors 1‑6, in good condition.
    • Centrally located in Buffalo, NY's desirable Central Business District.
    • Corner location at Main & East Mohawk Streets, near Lafayette Square.
    • Walkable to offices, restaurants, and entertainment in a vibrant live‑work community.
    • Convenient access to I‑190 and Kensington Expressway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ambur Point of Sale Software Company Double Up Food ... Agricultural Service E-Cafe Cafe Investigative Post Non-Profit Organization PrintWithMe Print Kiosk ... Print Shop

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness 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
    -78.873583
    Latitude
    42.8870345

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    FAQs

    What type of property is this?
    Office Property / Space - 14,400 SF Executive Office, Vacant
    Where is this office property / space located?
    The property is located at 487 Main St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: Street and ramp parking available.; One elevator servicing floors 1-6, in good condition.; Centrally located in Buffalo, NY's desirable Central Business District.
    Request Owner's contact information
    487 Main St 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
    487 Main St Buffalo, NY 14203
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