Property summary
This exceptional Class A office building, located at 150 Essjay Road in Buffalo, New York, presents a compelling investment opportunity. Boasting 34,702 square feet of net rentable space spread across two stories, this property is situated on a 2.27-acre lot within the desirable Centerpointe Corporate Park. Built in 1978 and extensively renovated between 2011 and 2023, the building benefits from significant capital improvements. These upgrades include a new public water main, a state-of-the-art HVAC system featuring a 70-ton Evapco cooling tower, and a complete conversion to energy-efficient LED lighting (2021). Further enhancements encompass updated sprinkler systems, smoke and heat detectors, a new roof hatch, and a dedicated mailroom with a 42-inch exterior access door. The ample parking lot, accommodating 134 vehicles, was recently sealed and restriped in 2023. The property is zoned OB - Office Building District and enjoys a park-like setting with over 100 neighboring businesses, offering immediate access to shopping and dining amenities. The asking price is $4,900,000, translating to $141.20 per square foot. This meticulously maintained building offers a rare combination of modern amenities and a convenient location, making it an ideal investment for discerning buyers.
Property profile
VerifiedCap rate & NOI
Current use
-
Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
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- Ownership
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning