50 Wecker StBuffalo, NY 14215
- Manufacturing properties
- 54,881 SF
Property Details for 50 Wecker St
- Year built
- 1940
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 54,881 SF
- Zone code
- D-IL
- Property type
- Manufacturing properties
- APN
- 140200 90.80-2-32.1
- APU
- 14020090802321
Description
This exceptional 54,881-square-foot industrial property, situated on a 2.5-acre lot in Buffalo, NY's Genesee Moselle neighborhood, presents a unique investment opportunity. Built in 1940, this single-story building boasts a versatile layout ideal for distribution, manufacturing, or warehouse operations. The property features three grade-level doors (measuring 17'x14' and 18'x15'), providing convenient access for loading and unloading. High ceilings, ranging from 14'7" to 22'5", offer ample vertical space. Power is supplied by a robust three-phase 480V 800Amp system. Eight overhead cranes (with capacities of 1, 2, and 10 tons) are in place, catering to heavy-duty material handling needs. A large outdoor storage yard complements the indoor space. The property is zoned D-IL Light Industrial and benefits from excellent access to major transportation arteries, including Route 33 (one mile away) and I-90/NYS Thruway (3.5 miles away). Its proximity to the U.S.-Canada border crossing (Peace Bridge, 9 miles) adds to its strategic location. The asking price is $1,390,000. A potential lease rate of $4.50/SF NNN is also available. The property is adaptable and could be subdivided into separately metered units. A Phase II expansion is also possible.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $11,395,282
- Hospitality
- $10,438,017
- Educational
- $8,684,307
- Medical
- $8,982,974
- Retail
- $13,508,922
Location Insight
- City
- Buffalo
- County
- Erie
- State
- New York
- Latitude
- 42.9212
- Longitude
- -78.8158
- 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
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