427 Delaware Ave Buffalo, NY 14202
- Investment properties
- 15,494 SF
- 0.41 lot acres
Current Use by Public Records
- 427 Delaware Holding LLC / Architect
- R G Design Solutions / Architect
Property Details for 427 Delaware Ave
- Year built
- 1931
- Lot size
- 0.41 lot acres
- Property size
- 15,494 SF
- Zone code
- N-2C
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 140200 111.22-9-16
- APU
- 14020011122916
Description
This exceptional 6,500 square foot Class B office space at 427 Delaware Avenue in Buffalo, NY, is ideally situated for businesses seeking a prominent location. Currently occupied, the space will be vacated upon sale or lease. The two-story building boasts seven large private offices, each easily accommodating multiple workstations, plus expansive built-in workspaces suitable for 14-26 individuals depending on configuration. A fully equipped conference room comfortably seats over 18 people, and ample support spaces include a kitchenette, printer room, IT room, and substantial storage closets. The property showcases stunning historic Art Deco features, including marble entry stairs, terrazzo floors, and exquisite plaster ceiling reliefs, complemented by high-end white oak trim, doors, and built-in cabinetry. Parking is readily available with 13 spaces dedicated to the upstairs office space, in addition to 8 spaces for ground floor tenants. Enjoy unparalleled convenience with quick access to major transportation arteries, including the 33 Expressway and 190 Interstate, as well as public transit via a nearby bus route and the Allen Street subway station. The minimum divisible space is 240 square feet, making it suitable for a variety of business needs. This is a rare opportunity to secure a prestigious office space in a prime Buffalo location. The zip code is 14202.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,437,000
Market price range: $877k - $2.54M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,905,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,010,000 Change: +6% Conversion: Difficult
- RESTAURANT
- $1,920,000 Change: +1% Conversion: Difficult
- OFFICE BUILDING
- $1,795,000 Change: -6% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8747
- Latitude
- 42.896
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
