433 Broadway St Buffalo, NY 14204-1527
This exceptional 9,080 square foot industrial property at 433 Broadway Street in Buffalo, NY, presents a compelling owner-user investment opportunity. The two-story brick building, situated in Buffalo's vibrant Broadway redevelopment zone, offers significant potential for adaptive reuse. Currently configured as a multi-tenant distribution and warehouse space, the property features a first floor currently occupied, with the second and third floors vacant. The first floor boasts hardwood flooring, a cargo lift, and 200-amp, phase 3 power. A new roof was installed in December 2021. The building's permitted commercial zoning allows for a variety of redevelopment options, making it ideal for retail or residential conversion. The asking price is $299,000, translating to $32.93 per square foot. The property consists of one building and features a total of two stories. Occupancy is available October 4, 2023. This prime location in Erie County (zip code 14204) offers excellent access to transportation and amenities. Don't miss this chance to acquire a versatile property with substantial upside in a rapidly developing area.
-
Ullman Sails Textile Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
N-3C · Buffalo, NYBuffalo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.