
1471 Main St
Industrial | 6.51% CAP | 28,586 SqFt
Marketing description
Uncover a compelling investment opportunity in Buffalo, NY, with this 28,586 SF building bursting with character and potential. Originally constructed in 1935, the property is currently leased by Budget Rental Car, occupying approximately 10,000 SF of the space, and offering a strong national tenant and ongoing cash flow during potential renovations. With its historic brick and steel-cased windows concealed by corrugated metal cladding, this building is a perfect candidate for a variety of creative uses, including loft conversion and other adaptive redevelopments. Boasting convenient access to the Buffalo area, this property presents an exciting prospect for developers and investors looking to breathe new life into a piece of industrial history. Operating at a 6.5% cap rate with high vacancy, this building offers substantial potential for growth and value creation
Situated in the vibrant city of Buffalo, the location offers a dynamic blend of business and leisure. The area is home to a range of dining options, from trendy cafes to upscale restaurants, providing ample choices for business meetings and client entertaining. Nearby attractions include the Albright-Knox Art Gallery, a renowned institution for modern and contemporary art, and the Buffalo Zoo, a popular destination for corporate family events. With a mix of green spaces, historic landmarks, and cultural hotspots, the neighborhood provides a stimulating environment for professionals and their clients. This prime location ensures that your investment in an office building here is not only strategically sound but also offers a desirable lifestyle appeal.
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