3155 Seneca St Buffalo, NY 14224
- Warehouses
- 5,680 SF
- 5.80 lot acres
Current Use by Public Records
- Black Hat Chimney & Fireplace / Fireplace Store
- Worthington Logistics / Trucking Company
Property Details for 3155 Seneca St
- Year built
- 1946
- Lot size
- 5.80 lot acres
- Property size
- 5,680 SF
- Zone code
- 11
- Property type
- Warehouses
- APN
- 146800 134.18-1-1
- APU
- 1468001341811
Description
This exceptional 21,000-square-foot property in Buffalo, NY, offers a unique blend of retail and warehouse space. Situated on a four-acre lot, the property features a main retail building currently leased to a tenant until 2021 with a five-year option, encompassing approximately 5,000 square feet. This section boasts a large front porch, perfect for merchandise display. The warehouse component is divisible and offers various configurations. A 10,000-square-foot section, constructed in 2006, includes three truck docks and six small offices, with ceiling heights ranging from 21 to 23 feet. An additional 6,000-square-foot warehouse area features 15-foot ceilings. A separate 16,000-square-foot warehouse section has five truck docks, three of which are located within the newer 10,000-square-foot portion. The entire property benefits from ample parking and is conveniently located near the NYS Thruway I-90 and 400 Expressway. The property is zoned M-1 and is available for sale or lease. The warehouse has one drive-in grade-level door and one truck dock. This versatile property presents a compelling opportunity for a variety of businesses. The building is vacant and ready for immediate occupancy. The lease type is NNN.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $410,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $385,000
- Geo Method
- $510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $440,000
- Mixed-Use
- $450,000
- Hospitality
- $370,000
- Educational
- $400,000
- Residential Income
- $400,000
- Energy
- $410,000
- Income-Based Land
- $340,000
- Food Service
- $415,000
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.7777
- Latitude
- 42.8365
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA