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Property profile & analytics
OFF-MARKET Estimated value $1,460,000
Investment properties

653 Main St Buffalo, NY 14203-1450

16,896 SF 0.2 ac lot Built 1900
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US63-1760642
Property summary
AI-generated overview

This exceptional 1,400 square foot executive office suite is located at 653 Main Street #104, directly across from Shea's Performing Arts Center in Buffalo's vibrant Theater District. Housed within the historic Pierce Building, constructed in 1921 and extensively renovated in 2010, this space offers a unique blend of character and contemporary amenities. The open-plan layout is ideal for a variety of businesses, providing a clean, modern, and "plug-and-play" environment. The suite is part of a larger building totaling 24,334 square feet, with multiple tenancies. While the building itself does not offer on-site parking, its prime location provides easy access to public transportation and nearby parking options. The property is zoned N1D, and the minimum divisible space is 1,400 square feet, with a maximum contiguous space also at 1,400 square feet. This presents a fantastic opportunity for businesses seeking a prestigious address in a high-traffic area, benefiting from the foot traffic generated by Shea's Performing Arts Center and the surrounding cultural district. The address is easily accessible via Tupper Street. This move-in ready space is perfect for businesses seeking a blend of history and modern convenience. The property is ready for immediate occupancy.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 16,896 SF
Lot 0.2 ac (8,874 SF)
Zoning code N-1C
APN 140200 111.38-4-4.12
UPID US63-1760642
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.94M
Blend (final) Blend
$1.46M
Owner & transaction history
653 Main LLC · 4 yrs held
653 Main LLC
since 2022
Last sale
$1.4M
5 recorded transactions
2022
$1.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
N-1C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.4M +51.0%
Neighborhood: shopping center $2.2M +36.4%
Restaurant $2.1M +30.2%
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