653 Main St Buffalo, NY 14203
- Investment properties
- 16,896 SF
- 0.20 lot acres
Current Use by Public Records
- Investment properties
Property Details for 653 Main St
- Year built
- 1900
- Lot size
- 0.20 lot acres
- Property size
- 16,896 SF
- Zone code
- N-1C
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 140200 111.38-4-4.12
- APU
- 140200111384412
Description
This exceptional 1,400 square foot executive office suite is located at 653 Main Street #104, directly across from Shea's Performing Arts Center in Buffalo's vibrant Theater District. Housed within the historic Pierce Building, constructed in 1921 and extensively renovated in 2010, this space offers a unique blend of character and contemporary amenities. The open-plan layout is ideal for a variety of businesses, providing a clean, modern, and "plug-and-play" environment. The suite is part of a larger building totaling 24,334 square feet, with multiple tenancies. While the building itself does not offer on-site parking, its prime location provides easy access to public transportation and nearby parking options. The property is zoned N1D, and the minimum divisible space is 1,400 square feet, with a maximum contiguous space also at 1,400 square feet. This presents a fantastic opportunity for businesses seeking a prestigious address in a high-traffic area, benefiting from the foot traffic generated by Shea's Performing Arts Center and the surrounding cultural district. The address is easily accessible via Tupper Street. This move-in ready space is perfect for businesses seeking a blend of history and modern convenience. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,510,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,545,000
- 6.5%
- $1,480,000
- 7%
- $1,335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,355,000
- Geo Method
- $1,340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,645,000
- Retail
- $1,400,000
- Mixed-Use
- $1,595,000
- Hospitality
- $1,375,000
- Educational
- $1,580,000
- Residential Income
- $1,475,000
- Energy
- $1,320,000
- Income-Based Land
- $1,410,000
- Food Service
- $1,650,000
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8721
- Latitude
- 42.8916
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
