88 Utica StBuffalo, NY 14209

For Sale
$1,250,000
Nine-unit building, excellent location

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional multifamily investment opportunity in Buffalo, NY, presents two three-story buildings totaling 8,348 square feet on a single parcel at 84 & 88 W Utica St. Built in 1900 and renovated in 2014, this Class C property features nine rental units – four in one building and five in the other – currently generating income. The property boasts beautiful stone exteriors and offers 25 paved parking spaces. The first floor of one building (2,500 square feet) is available for renovation, presenting potential for additional residential or office space. Strategically located near the Buffalo Niagara Medical Campus, City Hall, and public transportation (a two-block walk to the Light Rail), this property offers strong potential for future growth and appreciation. The property is situated just east of Delaware Avenue, adjacent to the Saturn Club. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable and rapidly developing area of Buffalo.

Highlights

  • High-traffic location with excellent visibility on a major thoroughfare.
  • Recently renovated interior with modern finishes and updated systems.
  • Ample on-site parking available for tenants and customers.
  • Flexible floor plan adaptable to a variety of business needs.
  • Strong tenant base with long-term leases in place.
  • Located in a thriving commercial district with high growth potential.

Property Details for 88 Utica St

Property type
Office properties, Apartment buildings
Square Feet
8,348 SF
Class
C
Year Built/Renovated
1900/2014
Buildings
2
Stories
3
Units
9

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.91125564
Longitude
-78.86946169
88 Utica St, Buffalo, New York

FAQs

What type of property is this?
Office property - Nine-unit building, excellent location
Where is the office property located?
The property is located at 88 Utica St Buffalo, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: High-traffic location with excellent visibility on a major thoroughfare.; Recently renovated interior with modern finishes and updated systems.; Ample on-site parking available for tenants and customers.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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88 Utica St
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