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    FOR LEASE
    Office buildings

    5360 Genesee St 203, Bowmansville, NY 14026

    36,080 SF 3.39 ac lot Built 1950
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US63-1350371
    Property summary
    AI-generated overview

    This exceptional Bowmansville, NY office building presents a fantastic leasing opportunity. Located at 5360 Genesee St, this Class B property boasts 36,080 square feet across two stories, offering a variety of configurations to suit diverse business needs. Currently, 2,900 square feet of immediately available space is perfect for a single tenant, with a minimum divisible space of 2,900 square feet. The building, constructed in 1950 and renovated in 2012, features a traditional office layout adaptable to executive office, coworking, or creative office uses. The 2,900 square foot suite offers an open floor plan with several private offices, providing flexibility for various team sizes and work styles. Ample on-site surface parking is available for tenants and clients. Situated on Genesee Street in Lancaster, this location offers convenient access to nearby amenities such as Tim Hortons, Linguine's Restaurant, and the USPS. Enjoy easy commutes with proximity to the NYS Thruway (I-90), Kensington Expressway, and Buffalo-Niagara International Airport, and just 1.5 miles east of Transit Road. The property sits on 3.39 acres of land and is zoned RCO in Erie County. This location is ideal for advertising/marketing firms, financial institutions, and other professional office users seeking a well-maintained and conveniently located space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1950
    Total area 36,080 SF
    Lot 3.39 ac (147,668 SF)
    APN 145289 82.19-1-7.1
    UPID US63-1350371
    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
    • Bison Office Systems Big Box & Wholesale Store
    • Dr. Michael T. Guppenberger, MD Physician
    • Christie L. Lesser, LCSWR Foster Care Service Social Service Agency
    • Manzella Trade Communications Inc Corporate Office
    • Elite Dance Company Training Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.99M
    Blend (final) Blend
    $3.18M
    Owner & transaction history
    Fairways At Lancaster LLC · 12 yrs held
    Fairways At Lancaster LLC
    since 2014
    6 recorded transactions
    2018
    2014
    $1.0M
    2005
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $5.2M +24.4%
    Restaurant $4.9M +17.0%
    Neighborhood: shopping center $4.9M +15.9%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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