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Property profile & analytics
FOR LEASE
Office buildings

270 Michigan Ave Buffalo, NY 14203

108,789 SF 2.38 ac lot Built 1991
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US63-2776114
270 Michigan Ave, Buffalo, NY 14203 For Lease
$19 SF/Yr
270 Michigan Ave, Buffalo, NY 14203
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Property summary
AI-generated overview

This exceptional six-story, 109,880-square-foot building at 270 Michigan Avenue in Buffalo, NY's Central Business District, offers a unique blend of office, retail, and industrial space. Recently renovated in 2021, this Class B property boasts 61,830 square feet of vacant space available for lease, with options ranging from 1,766 to 29,134 square feet. Situated on a 2.38-acre lot, the building features ample on-site parking (75 spaces) and elevators. Its versatile layout accommodates various uses, including traditional office, medical office, warehouse, executive office, and flex space. The building, originally constructed in 1979, underwent a meticulous renovation, preserving historical elements like the staircase and elevator, while incorporating modern updates. Exterior improvements included replacing windows to match the historic design. The property is zoned N-1C and is conveniently located near the intersection of Carroll and Seneca Streets in Erie County, NY (zip code 14203). This prime location offers easy access to major transportation routes and amenities. The building's history as the home of the Buffalo Envelope Company adds to its unique character. Multiple tenancy options are available.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1991
Total area 108,789 SF
Lot 2.38 ac (103,673 SF)
Zoning code N-1C
APN 140200 111.70-7-2.12
UPID US63-2776114
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
  • Incept Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.26M
Owner & transaction history
Michigan Seneca Group INC · 4 yrs held
Michigan Seneca Group INC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
N-1C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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