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Property profile & analytics
FOR SALE
Office buildings

1236 Main St Buffalo, NY 14209

24,782 SF 0.68 ac lot Built 1953
Entity Owned 15-yr Hold Free & Clear
Property ID
US63-3592833
Property summary
AI-generated overview

This exceptional 33,000 square foot Class B office building, located at 1236 Main Street in Buffalo, New York, presents a unique investment opportunity. Built in 1953, this former school building currently functions as office space and offers versatile potential. The property boasts 10,000 square feet on each of the first and second floors, a 4,500 square foot third floor, and a usable 10,000 square foot lower level. The building features 14-foot ceilings, large windows, and an elevator servicing all floors. A significant advantage is the ample parking: a fenced lot with 25+ spaces accessible from Linwood Avenue, plus an additional 5 spaces in front. The primary entrance can be reconfigured to face Linwood Avenue for direct access from the parking lot. All mechanical systems and the building structure are well-maintained. The first floor is handicapped accessible. The property's location between Summer Street and Bryant Street places it in close proximity to the Buffalo Niagara Medical Campus and directly adjacent to a Delta Sonic Car Wash. Its adaptable design makes it suitable for various uses, including traditional office space, medical offices, a school, or even conversion into loft apartments. Further expansion possibilities exist at the rear of the building. The asking price is $2,300,000, and the owner will consider leasing options. This property offers a compelling blend of size, location, and adaptability, making it an attractive investment prospect.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1953
Total area 24,782 SF
Lot 0.68 ac (29,704 SF)
Zoning code N-2R
APN 140200 100.55-1-5.11
UPID US63-3592833
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Business Technology Professionals (Bike/Boat/Book/etc) Store Corporate Office
  • Cs Business Systems Inc Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$574k
Blend (final) Blend
$940k
Owner & transaction history
Buffalo-ds Assocs LLC · 15 yrs held
Buffalo-ds Assocs LLC
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
N-2R · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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