327 Niagara StBuffalo, NY 14201

Property Details for 327 Niagara St

Year built

1995

Lot size

0.30 AC

Property size (Sq ft)

5,250 SF

Zone code

N-2C

Property type

Office properties

Property subtype

Office buildings

APN

140200 110.36-7-4.11

APU

140200110367411

Description

This exceptional office space at 327 Niagara Street offers a variety of suite sizes, ranging from 300 to 1,000 square feet, perfect for businesses of all sizes. Located just blocks from City Hall and with convenient access to I-190 exit #8, this location provides unparalleled visibility and accessibility. The building boasts twelve suites sharing a well-equipped conference room, kitchen, two restrooms, and a comfortable parlor with a gas fireplace, fostering a collaborative atmosphere. Amenities include 24/7 access, free parking, and wireless internet. Flexible month-to-month leasing options are available, and onsite furniture is provided. Currently, several units are available for lease, including four 155 sq ft units ($734 each), one 100 sq ft unit ($525), one 155 sq ft unit ($732), and one 200 sq ft unit ($840). Alternatively, the entire 3,500 square foot space can be leased for a single tenant. The building does not rent to collection agencies and requires principal resumes in addition to standard credit applications. This is an ideal opportunity to establish your business in a thriving community of small businesses. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $952,371

  6.5%

  $879,112

  7%

  $816,318

• Comparable approach

  Method

  Valuation

  Relative Method

  $502,269

  Geo Method

  $473,656

• Alternative Use

  Use

  Valuation

  Residential

  $1,090,099

  Hospitality

  $998,525

  Educational

  $830,761

  Medical

  $859,332

  Retail

  $1,292,294

Location Insight

City

Buffalo

County

Erie

State

New York

Latitude

42.8934

Longitude

-78.8842

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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