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    433 Broadway St Buffalo, NY 14204

    For Sale
    $299,000

    9,080 SF Warehouse, Redevelopment Potential

    Property size:
    9,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 9,080 square foot industrial property at 433 Broadway Street in Buffalo, NY, presents a compelling owner-user investment opportunity. The two-story brick building, situated in Buffalo's vibrant Broadway redevelopment zone, offers significant potential for adaptive reuse. Currently configured as a multi-tenant distribution and warehouse space, the property features a first floor currently occupied, with the second and third floors vacant. The first floor boasts hardwood flooring, a cargo lift, and 200-amp, phase 3 power. A new roof was installed in December 2021. The building's permitted commercial zoning allows for a variety of redevelopment options, making it ideal for retail or residential conversion. The asking price is $299,000, translating to $32.93 per square foot. The property consists of one building and features a total of two stories. Occupancy is available October 4, 2023. This prime location in Erie County (zip code 14204) offers excellent access to transportation and amenities. Don't miss this chance to acquire a versatile property with substantial upside in a rapidly developing area.

    Property Features for 433 Broadway St

    General Information

    Property type
    Distribution properties
    Square Feet
    9,080 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • 9,080 SF industrial building at 433 Broadway Street, Buffalo, NY.
    • Two‑story brick building in Buffalo's Broadway redevelopment zone.
    • Currently multi‑tenant; first floor occupied, upper floors vacant; first floor features hardwood floors, cargo lift, and 200‑amp, 3‑phase power.
    • New roof (December 2021); permitted for retail or residential conversion.
    • Asking price: $299,000 ($32.93/SF).
    • Available October 4, 2023.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ullman Sails Sailmaker

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store 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
    -78.85772519
    Latitude
    42.8889406

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    FAQs

    What type of property is this?
    Distribution property - 9,080 SF Warehouse, Redevelopment Potential
    Where is this distribution property located?
    The property is located at 433 Broadway St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 9,080 SF industrial building at 433 Broadway Street, Buffalo, NY.; Two-story brick building in Buffalo's Broadway redevelopment zone.; Currently multi-tenant; first floor occupied, upper floors vacant; first floor features hardwood floors, cargo lift, and 200-amp, 3-phase power.
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    433 Broadway St Buffalo, NY 14204
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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
    433 Broadway St Buffalo, NY 14204
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