27738
Sq Ft
Business
Property type
Beds
0 full
Baths
Description
Investment potential and/or a new place for your business to call home. 1131 Broadway: structurally sound and architecturally significant brick building, with a full basement (under entire structure) with poured concrete walls, steel I-beam support is located 2.5 miles from downtown Buffalo, in a qualified opportunity zone. The property features a well funded, long term tenant (1992), with enough time remaining on their lease to work out a deal to stay and expand within the existing space. This building features 27,738 square feet of space spread throughout three floors accessed by an elevator or 2 separate staircases. The first and second floors are fully built out with offices and the third floor is currently legal, rented space, used by the tenant for storage. The entire building is heated and cooled by forced air units spread out throughout the building. This property will work for most types of investors looking to hold a well secured tenant occupied asset. Potential gross income of this building with one tenant occupying the space is $277,830 (@ $10.00/foot). Come see what this building has to offer!