61 Gates Ave Buffalo, NY 14218-1029
This exceptional 39,000-square-foot industrial property, situated on a 3.18-acre lot in Lackawanna, NY, presents a compelling investment opportunity. Built in 2000, this single-story building boasts a desirable location with high visibility from Route 5 (34,641 AADT), offering excellent access to major transportation arteries. The property features a spacious clear-span design with a 19-foot ceiling height at the center and 15-foot eaves, providing ample room for various industrial uses. Four 9'x10' dock-high doors and two grade-level doors ensure efficient loading and unloading. The building also includes a functional office space comprising a conference room, kitchenette, storage area, bullpen, and four private offices, catering to administrative needs. Ample parking is available with 30 spaces. Its strategic location offers convenient proximity to Route 5, I-90, Route 219, and the Peace Bridge, facilitating seamless regional and cross-border logistics. The asking price is $2,800,000, translating to $71.79 per square foot. This property is ideal for distribution, manufacturing, or warehousing operations seeking a well-maintained facility in a prime location. The property's address is 61 N Gates Ave, Lackawanna, NY 14218.
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Lackawanna Municipal Housing Housing Authority
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Greenbelt Industries LLC Industrial Manufacturer Production Facility
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Sampla Belting North America Industrial Manufacturer Production Facility
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
IND · 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.