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Property profile & analytics
FOR SALE
Warehouses

1875 Niagara St Buffalo, NY 14207

23,212 SF 0.15 ac lot Built 1908
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US63-0492970
Property summary
AI-generated overview

This exceptional 23,200-square-foot storefront property at 1875 Niagara Street in Buffalo, New York, presents a compelling redevelopment opportunity. Located in the heart of the Niagara Street/Black Rock Renaissance area, this mixed-use building offers significant potential for a variety of uses. The property boasts a 0.23-acre lot and features a 13' clear span per floor, providing ample space for creative design and layout. Convenient access is ensured by a 10' overhead grade door, a 30' dual-axle-fitting loading dock door, and a freight elevator. The building also benefits from recently updated features, including new storefront windows and Marvin windows on the second and third floors. The carriage house roof was replaced in 2022, and the main building's roof is in excellent condition. Currently, two first-floor tenants are leasing space and may be open to continuing their tenancy under new ownership. This prime location, right off the Thruway on Niagara Street, offers exceptional visibility and accessibility. The entire 23,200 square feet is available. This is an ideal investment for those seeking a high-impact redevelopment project in a thriving urban neighborhood.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1908
Total area 23,212 SF
Lot 0.15 ac (6,732 SF)
Zoning code N-2C
APN 140200 88.41-2-22
UPID US63-0492970
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
  • Buffalo Beds Home Decor Store Department Store
  • The Story Garage Home Decor Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Niagara Street Ventures INC · 6 yrs held
Niagara Street Ventures INC
since 2019
5 recorded transactions
2019
$192,597
2017
$75,000
2009
Price N/A
2008
$85,000
2004
$100
Zoning & alternative use
N-2C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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