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    3208 Main St Buffalo, NY 14216

    Sponsored
    For Sale
    $3,300,000

    Historic Industrial Building, 19,000 SF

    Property size:
    19,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19,000-square-foot industrial property, located at 3208 Main Street in Buffalo, New York (zip code 14216), presents a unique investment opportunity. The well-established, 95-year-old building currently houses a light manufacturing and wholesale food business with four additional retail outlets in Western New York. Included in the $3,300,000 asking price is a historic, income-producing, mixed-use structure featuring a small manufacturing facility, ample parking, and excellent condition throughout. The first floor boasts retail space, while the second floor comprises apartments and offices. The retiring owner will provide training to the new operator, ensuring a smooth transition. This property benefits from strong regional brand recognition and significant upside potential, particularly given the limited competition for boutique candy and lollipop manufacturers in Western New York. Opportunities exist to expand internet sales and national distribution. The classic soda fountain business and store on the premises also offers considerable potential for growth with minimal investment. The property's location in Buffalo's University district is another key advantage. The manufacturing operation can be scaled up by adding shifts and employees, if desired. This is a rare chance to acquire a profitable, multifaceted property with a rich history and substantial future growth prospects.

    Property Features for 3208 Main St

    General Information

    Property type
    Distribution properties
    Square Feet
    19,000 SF

    HighLights

    • $3,300,000 asking price.
    • 19,000 square foot industrial warehouse.
    • Located at 3208 Main Street, Buffalo, NY 14216.
    • Includes a well‑established, 95‑year‑old light manufacturing and wholesale food business with four retail outlets.
    • Features a mixed‑use building with parking and manufacturing space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Parkside Candy Candy Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -78.8637428
    Latitude
    42.9474532

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    FAQs

    What type of property is this?
    Distribution property - Historic Industrial Building, 19,000 SF
    Where is this distribution property located?
    The property is located at 3208 Main St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: $3,300,000 asking price.; 19,000 square foot industrial warehouse.; Located at 3208 Main Street, Buffalo, NY 14216.
    Request Owner's contact information
    3208 Main St Buffalo, NY 14216
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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
    3208 Main St Buffalo, NY 14216
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