Entity Owned Property summary
This exceptional investment opportunity presents a fully leased, 101,712-square-foot educational facility in downtown Buffalo, NY. The property, built in 2019 for the Buffalo School of Culinary Arts, is a purpose-built, state-of-the-art facility featuring commercial training kitchens, flexible meeting areas, classrooms, and a gymnasium. The building underwent a complete renovation, blending historic preservation with modern functionality. Located at 75 W Huron St, this single-tenant, net-leased property boasts a credit-rated tenant, Buffalo Public Schools, providing secure, investment-grade cash flow. The current lease, commenced December 31, 2019, extends to December 31, 2034, with a 15-year renewal option, ensuring long-term stability. The property's prime downtown location offers easy access to major transit routes and cultural amenities. The first floor includes a popular test kitchen and restaurant. This offering presents a rare chance to acquire a high-quality, mission-critical educational asset, free and clear of debt. The property's occupancy is 100%, achieved on December 31, 2019.
Property profile
VerifiedCap rate & NOI
Current use
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Tour Operator
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High School Vocational School
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
3.1.2 N-1C Mixed-Use Cor e 3-4 3.1.3 N-1S Secondar y Employment Center 3-5 3.1.4 N-2C Mixed-Use Center 3-6 3.1.5 N-2E Mixed-Use Edge 3-7 3.1.6 N-2R Residential 3-8 3.1.7 N-3C Mixed-Use Center 3-9 3.1.8 N-3E Mixed-Use Edg…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
N-1C · Buffalo, NY3.1.2 N-1C Mixed-Use Cor e 3-4 3.1.3 N-1S Secondar y Employment Center 3-5 3.1.4 N-2C Mixed-Use Center 3-6 3.1.5 N-2E Mixed-Use Edge 3-7 3.1.6 N-2R Residential 3-8 3.1.7 N-3C Mixed-Use Center 3-9 3.1.8 N-3E Mixed-Use Edg…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
3.1.2 N-1C Mixed-Use Cor e 3-4 3.1.3 N-1S Secondar y Employment Center 3-5 3.1.4 N-2C Mixed-Use Center 3-6 3.1.5 N-2E Mixed-Use Edge 3-7 3.1.6 N-2R Residential 3-8 3.1.7 N-3C Mixed-Use Center 3-9 3.1.8 N-3E Mixed-Use Edg…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for N-1C in Buffalo, NY.
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Find the owner behind the property.
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