375 Linwood AveBuffalo, NY 14209

For Lease
$21.05/SF/YR View listing
  • Investment properties
  • 4,540 SF

Property Details for 375 Linwood Ave

Year built
1900
Lot size
0.28 AC
Property size (Sq ft)
4,540 SF
Zone code
N-2R
Property type
Investment properties
Property subtype
Live-work space
APN
140200 100.39-2-24
APU
14020010039224

Description

The Wyssling Building, a prestigious three-story building constructed in 1900, offers exceptional office space for lease. This historic property, located in Erie County and identified by APN 140200-100-390-0002-024-000, sits on a 0.28-acre lot and encompasses 4,540 square feet. The building is zoned N-2R and currently features a mix of long-term tenants. Multiple suites are available, ranging from a minimum of 175 square feet to a maximum contiguous space of 570 square feet, with a total of 745 square feet currently vacant. These professional office suites are offered on a full-service gross lease, simplifying your operational costs. The building's historic setting provides a unique and desirable location for businesses seeking a blend of character and modern functionality. The available space is ideal for a variety of businesses seeking flexible and well-maintained office accommodations. This is a rare opportunity to secure office space in a highly sought-after historic building with a proven track record of stable tenancy. Inquire today to learn more about leasing options and secure your ideal office space within this remarkable property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $823,572
    6.5%
    $760,220
    7%
    $705,919
  • Comparable approach

    Method
    Valuation
    Relative Method
    $434,343
    Geo Method
    $285,611
  • Alternative Use

    Use
    Valuation
    Residential
    $942,673
    Hospitality
    $863,484
    Educational
    $718,408
    Medical
    $743,115
    Retail
    $1,117,524
375 Linwood Ave, Buffalo, New York

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.9125
Longitude
-78.8671
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,032
$121,000
$270,000
$391,000
-
$172,857
$385,714
$558,571

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