392 Franklin St Buffalo, NY 14202
Property summary
This exceptional 952-square-foot office space is located on the second floor of a two-story building at 392-394 Franklin Street in Buffalo, New York. Situated on a 0.43-acre lot at the prime intersection of Franklin and Edward Streets, this property benefits from a highly desirable location, bordering the Buffalo Niagara Medical Campus, Allentown, and Downtown Buffalo. The building, constructed in 1900, offers a traditional office setting with ample natural light. This specific unit is a walk-up space currently used as an aesthetician's office and includes two off-street parking spaces. The building is multi-tenant, housing a diverse mix of businesses including a carpet and flooring company, a law firm, a personal training facility, and other professional offices. An on-site property manager ensures efficient building operations. The monthly rent of $1,340 includes all utilities. The building's total square footage is 13,290, with 952 square feet currently vacant. The property is zoned N-2E and its APN is 140200-111-220-0009-009-100, located in Erie County. This presents a unique opportunity for a business seeking a well-located, functional office space in a thriving urban environment.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
3.1.5 N-2E Mixed-Use Edge 3-7 3.1.6 N-2R Residential 3-8 3.1.7 N-3C Mixed-Use Center 3-9 3.1.8 N-3E Mixed-Use Edge 3-10 3.1.9 N-3R Residential 3-11 3.1.10 N-4-30 Single-Family 3-12 3.1.11 N-4-50 Single-Family 3-13 3.2 Bu…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
N-2E · Buffalo, NY3.1.5 N-2E Mixed-Use Edge 3-7 3.1.6 N-2R Residential 3-8 3.1.7 N-3C Mixed-Use Center 3-9 3.1.8 N-3E Mixed-Use Edge 3-10 3.1.9 N-3R Residential 3-11 3.1.10 N-4-30 Single-Family 3-12 3.1.11 N-4-50 Single-Family 3-13 3.2 Bu…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for N-2E in Buffalo, NY.
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