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    FOR LEASE
    Office buildings

    2060 Sheridan Dr, Buffalo, NY 14223

    8,190 SF 0.43 ac lot Built 1990
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US63-2085289
    Property summary
    AI-generated overview

    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
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1990
    Total area 8,190 SF
    Lot 0.43 ac (18,669 SF)
    Zoning code C-1
    APN 146489 66.33-2-34.1
    UPID US63-2085289
    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
    • NPTS Inc Engineering Consultant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $435k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $763k
    Blend (final) Blend
    $570k
    Owner & transaction history
    Hlm Hldg LLC · 16 yrs held
    Hlm Hldg LLC
    since 2010
    2 recorded transactions
    2010
    1969
    Zoning & alternative use
    C-1 · Buffalo, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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