3218 Lake Shore RdBlasdell, NY 14219

Property Details for 3218 Lake Shore Rd

Year built

1930

Lot size

0.84 AC

Property size (Sq ft)

16,004 SF

Zone code

NC

Property type

Other commercial real estate

Property subtype

Showrooms

APN

144889 150.58-1-19.1

APU

144889150581191

Description

This exceptional commercial property, located at 3218 Lake Shore Road in Blasdell, NY, offers three available office spaces within a charming, historic building. Built in 1930, this two-story structure boasts a total of 16,004 square feet and sits on a 0.85-acre lot. The property is zoned C-2, providing flexibility for a variety of commercial uses. The building is comprised of a single structure and offers multiple tenancy options. Spaces range from a minimum of 600 square feet to a maximum contiguous space of 3,800 square feet, catering to businesses of various sizes. Its classification as both Traditional and Creative Office space makes it ideal for a diverse range of tenants. The property's prime location in Erie County, with the address 3218 Lake Shore Road, Buffalo, NY 14219, offers excellent visibility and accessibility. The property's APN is 144889-150-580-0001-019-100. This unique opportunity combines the character of a vintage building with the functionality of modern office space, making it an attractive option for businesses seeking a distinctive and well-located office environment. The building's history and location provide a unique opportunity for businesses seeking a blend of character and convenience. Inquire today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $4,267,704

  6.5%

  $3,939,419

  7%

  $3,658,032

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,858,398

  Geo Method

  $3,638,802

• Alternative Use

  Use

  Valuation

  Residential

  $3,323,048

  Hospitality

  $3,043,894

  Educational

  $2,532,484

  Medical

  $2,619,580

  Retail

  $3,939,419

Location Insight

City

Blasdell

County

Erie

State

New York

Latitude

42.7985

Longitude

-78.8473

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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