Property profile

5360 Genesee St Unit 203 203 Bowmansville, NY 14026

FOR LEASE
Office buildings
Property ID
US63-1350371
36,080 SF 3.39 ac lot Built 1950
Entity Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Physician
  • Foster Care Service Social Service Agency
  • Corporate Office
  • Training Center

Location

5360 Genesee St Unit 203, Unit 203 Bowmansville, NY 14026
Bowmansville metro Census 14208 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2014
6 recorded transactions
2018
Price N/A
2014
$1.0M
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $5.2M +24.4%
Restaurant $4.9M +17.0%
Neighborhood: shopping center $4.9M +15.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message