Property summary
This exceptional 12,000-square-foot office building, situated on a 0.43-acre lot in Erie County, NY, presents a unique investment opportunity. The three-story Class B building boasts a convenient location at the corner of Sheridan Drive and Colvin Boulevard in Buffalo, NY 14223, offering easy access to major thoroughfares, including the New York State Thruway (I-290, exit 2), just 1.5 miles away. The property features 35-40 parking spaces with two curb cuts for convenient access, and is ADA accessible with a wheelchair ramp and designated parking. The interior comprises versatile space suitable for a single tenant or multiple occupants, including executive offices, conference rooms, a cafeteria, break room, printer room, storage, and a vault. The building's infrastructure includes an elevator and both north and south stairwells. The first, second, and sub-basement floors offer flexibility for various configurations. Its prime location provides proximity to the University at Buffalo (both North and South campuses), major retail centers on Niagara Falls Boulevard, the Village of Elmwood, and North Delaware Avenue, as well as numerous restaurants, grocery stores, and pharmacies within walking distance. Zoned for commercial use, this property is ideal for medical practices, engineering firms, or other businesses seeking a high-visibility location with ample space and amenities. The building is available for sale or lease.
Property profile
VerifiedCap rate & NOI
Current use
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Engineering Consultant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Buffalo, NYZoning
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Zoning designation
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