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Property profile & analytics
FOR LEASE
Manufacturing properties

222 Chicago St Buffalo, NY 14204

22,550 SF 1.14 ac lot Built 1900
Entity Owned 8-yr Hold Free & Clear
Property ID
US63-1197556
Property summary
AI-generated overview

This exceptional 46,110 square foot multi-use building, located at 222 Chicago Street (corner of Perry Street) in Buffalo's Western New York submarket, offers a unique blend of warehouse, traditional office, and flex spaces. Originally constructed in 1900 and extensively renovated in 2023, this three-story brick building boasts 18,270 square feet of vacant space, divisible into units ranging from 1,420 to 16,850 square feet. The property sits on a 1.13-acre lot and features one loading dock, one dock-high door, two drive-in doors, and 71 total parking spaces spread across two lots. Conveniently located near I-190, I-90, and the Peace Bridge, this property benefits from high daytime traffic counts and proximity to public transit. The building's zoning is N-1C, and it includes an elevator. The first floor is planned for retail/office space and warehouse space, while floors two and three will house 7 market-rate apartments. This meticulously renovated property, completed in accordance with Secretary of Interior Standards for Historic Preservation, presents a rare opportunity in Erie County.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1900
Total area 22,550 SF
Lot 1.14 ac (49,658 SF)
Zoning code N-1C
APN 140200 122.23-4-1.1
UPID US63-1197556
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
  • J.W. Ruger & Deck Bros. Building Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$1.13M
Owner & transaction history
1238 Group LLC · 8 yrs held
1238 Group LLC
since 2018
5 recorded transactions
2018
$1.2M
2016
$1.3M
2005
$25,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
N-1C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.8M +182.6%
Warehouse, storage $1.3M +101.7%
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