For Sale
$3,800,000

1294 Niagara StBuffalo, NY 14213

Mixed-use building, prime location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional mixed-use redevelopment opportunity presents a 67,331 square foot, three-story building situated on a 1.14-acre lot in Buffalo, New York. Originally constructed in 1914 as a factory, this 14-bay brick masonry building offers significant potential for adaptive reuse. The property features two loading bays, multiple pedestrian entrances, and benefits from its location within a designated Opportunity Zone. The building's permitted zoning is N-1S. The asking price is $3,800,000, translating to $56.44 per square foot. This prime location on Niagara Street is undergoing a significant transformation, evolving from an industrial corridor into a vibrant destination. The City of Buffalo is actively investing in the Niagara Street Rehabilitation Project, enhancing the area's infrastructure with improvements to pedestrian walkways, bicycle lanes, public transit access, and traffic flow. The property's strategic location provides easy access to major transportation arteries, including the Peace Bridge/Canadian Border, I-190, and the Scajaquada Expressway. High daytime traffic volume from heavy vehicles and proximity to public transit further enhance its appeal. This is a unique chance to capitalize on the revitalization of a key Buffalo location.

Highlights

  • High daytime traffic volume from heavy vehicles.
  • Public transit access nearby.
  • Located in an Opportunity Zone.
  • Excellent access to the Peace Bridge/Canadian Border, I-190, and the Scajaquada Expressway.

Property Details for 1294 Niagara St

Property type
Office properties, Medical offices
Square Feet
67,331 SF
Year Built
1914
Stories
3
Lot Size (sq. ft)
49,658 SF

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.919187115234
Longitude
-78.898801226825
1294 Niagara St, Buffalo, New York

FAQs

What type of property is this?
Office property - Mixed-use building, prime location, high potential.
Where is the office property located?
The property is located at 1294 Niagara St Buffalo, NY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: High daytime traffic volume from heavy vehicles.; Public transit access nearby.; Located in an Opportunity Zone.
How can I contact the broker?
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1294 Niagara St
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