235 Genesee St Buffalo, NY 14204-1456

Property Details for 235 Genesee St

Year built

1920

Lot size

0.18 lot acres

Property size

8,090 SF

Zone code

N-2C

Property type

Investment properties

Property subtype

Live-work space

APN

140200 111.39-5-5

APU

1402001113955

Description

This exceptional investment opportunity presents a portfolio of seven buildings situated on a 1.02-acre lot at the highly visible intersection of Genesee Street and Michigan Avenue in Buffalo, New York. The property comprises approximately 41,000 net rentable square feet, encompassing a diverse mix of commercial and residential structures built between 1851 and 1986. The portfolio includes a 4,496 square foot single-story building, a 3,594 square foot three-story brick building, an 11,658 square foot four-story brick building, a 19,105 square foot industrial building, and a 2,323 square foot residential building. The combined property offers significant redevelopment potential, given its mixed-use zoning (N-2C Mixed-Use Center and D-C Flex Commercial) and prime location. The site boasts substantial frontage along Genesee Street (approximately 231 feet), Michigan Avenue (approximately 99 feet), and Ash Street (200 feet). Its strategic location places it within close proximity to Buffalo's central business district, the Theater District, and the Buffalo Niagara Medical Campus, with convenient highway access to Route 33 and I-190. Two of the buildings may qualify for historic tax credits, presenting an added financial incentive. The asking price for this unique mixed-use property is $1,800,000. This is a rare chance to acquire a substantial holding in a rapidly developing area of downtown Buffalo.

Location Insight

City

Buffalo

County

Erie

State

New York

Longitude

-78.8657

Latitude

42.8911

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments