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Property profile & analytics
OFF-MARKET
Office buildings

785 Main St Buffalo, NY 14203

Entity Owned Absentee Owner Free & Clear
Property ID
US63-2109557
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a seven-building portfolio totaling 161,070 square feet situated on nearly 1.26 acres across two city blocks in Buffalo, NY. The property includes 785 (also known as 795) Main Street, a five-story office building comprising approximately 95,000 square feet. Also included is 801 Main Street, a 31,000 square foot building fully occupied by Walsh Duffield, spanning 2.5 floors. A substantial warehouse/commercial space of nearly 28,000 square feet is located at 821 (also known as 825) Main Street. The portfolio is further enhanced by three surface parking lots (814, 815, and 819 Main Street) providing over 200 parking spaces. The zoning is primarily N-1C Mixed-Use Core, with 814 Main Street zoned N-2C Mixed-Use Center. This strategically located campus enjoys a prime position at the intersection of Allentown, the Buffalo Niagara Medical Campus, and Downtown Buffalo, offering unparalleled access to major transportation arteries including Route 33 and I-90. The property's rich history includes its former use as the home of the Buffalo Courier Newspaper. This presents a unique redevelopment opportunity in a thriving Buffalo market. The sale includes six total parcels. The asking price for this significant portfolio is $7,750,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
APN 140200 111.23-10-3.1/Z
UPID US63-2109557
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
DIOCESE OF BUFFALO
DIOCESE OF BUFFALO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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