75 Huron StBuffalo, NY 14202
- Commercial real estate
- 15,642 SF
Property Details for 75 Huron St
- Year built
- 2009
- Lot size
- 0.86 AC
- Property size (Sq ft)
- 15,642 SF
- Zone code
- N-1C
- Property type
- Commercial real estate
- APN
- 140200 111.46-6-1
- APU
- 1402001114661
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,247,868
- Hospitality
- $2,975,030
- Educational
- $2,475,190
- Medical
- $2,560,316
- Retail
- $3,850,296
Location Insight
- City
- Buffalo
- County
- Erie
- State
- New York
- Latitude
- 42.8876
- Longitude
- -78.8704
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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