Property summary
This 12,028 square foot warehouse, situated on a 0.29-acre lot at 1001 E Ferry St in Buffalo, NY, presents a compelling investment opportunity. Previously used as an automotive repair shop, the property offers versatile open space suitable for a variety of commercial uses. Potential tenants could include retail businesses, office spaces, storage facilities, or light manufacturing operations. The expansive layout provides considerable flexibility for adaptive reuse, catering to diverse business needs. Its strategic location offers convenient access to downtown Buffalo and its numerous amenities, ensuring high visibility and accessibility for potential clients or customers. Priced affordably at $85,000, this property represents a significant value proposition for investors seeking a high-return asset with substantial redevelopment potential. The property's size and location make it an attractive option for businesses seeking a prominent presence in a thriving urban area. The open floor plan allows for customization to meet specific operational requirements, making it an adaptable space for a wide range of commercial ventures. This is a rare chance to acquire a well-positioned commercial property at a competitive price point in a rapidly developing area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
3.1.8 N-3E Mixed-Use Edge 3-10 3.1.9 N-3R Residential 3-11 3.1.10 N-4-30 Single-Family 3-12 3.1.11 N-4-50 Single-Family 3-13 3.2 Building T ypes........................................3-14 3.2.1 General 3-14 3.2.2 Attach…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
N-3E · Buffalo, NY3.1.8 N-3E Mixed-Use Edge 3-10 3.1.9 N-3R Residential 3-11 3.1.10 N-4-30 Single-Family 3-12 3.1.11 N-4-50 Single-Family 3-13 3.2 Building T ypes........................................3-14 3.2.1 General 3-14 3.2.2 Attach…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
3.1.8 N-3E Mixed-Use Edge 3-10 3.1.9 N-3R Residential 3-11 3.1.10 N-4-30 Single-Family 3-12 3.1.11 N-4-50 Single-Family 3-13 3.2 Building T ypes........................................3-14 3.2.1 General 3-14 3.2.2 Attach…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for N-3E in Buffalo, NY.
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Find the owner behind the property.
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