Building in excellent condition - Prime location - One block away from Medical Corridor Built in 2009 - 11,464 SF Roof and mechanics are well taken care of Off-street parking
Welcome to 52 Locust St in the city of Buffalo! This beautifully updated multi-family property offers a unique investment opportunity. The main house features four spacious units, while an additional unit is situated in the back house, providing a total of five rentable spaces. With three of the five units currently tenant-occupied, this property generates immediate rental income. It’s an ideal choice for an owner-occupant looking to offset their mortgage, or for a seasoned investor seeking to expand their portfolio. This property is being sold at an 8.15% cap rate with room to increase!
382 High Street is a 14,190 Sq Ft, brick construction, warehouse building with 2,700 Sq Ft of office space in the Buffalo Niagara Medical Campus neighborhood. The building stands at the corner of Jefferson Ave and High Street and has two 14 ft tall x 10 ft wide garage doors leading to an interior loading dock as well as two 8 ft tall x 7ft wide exterior loading dock doors. The seller is willing to reconfigure the dimensions of the exterior loading dock doors to accommodate a new owner. There is 132 feet of frontage on Jefferson Ave, with retail/man door entrances on both Jefferson & High Street as well as parking for 7-8 vehicles on the High Street side of the property. Two bathrooms and 5-7 offices. This building can also be converted into a 17-unit apartment building, the rendering/plans for that conversion are available as well as the existing plans showing the buildings current configuration. Currently zoned "Light Industrial".City of Buffalo has made revitalization of the Jefferson commercial district a priority under The Buffalo Billion II East Side Corridor Economic Development Fund strategy. Just seconds to the New York State Thruway systems and Downtown Buffalo New York.
Great business opportunity on a high traffic and great exposure location. Situated on a prime corner, right off the 190 and close to the casino, with many upcoming city improvement projects taking place. Don't miss your chance to be in the Buffalo spotlight!
The median home value in Buffalo, NY is $204,600. This is lower than the county median home value of $231,300. The national median home value is $338,100. The average price of homes sold in Buffalo, NY is $204,600. Approximately 36.9% of Buffalo homes are owned, compared to 49.49% rented, while 13.61% are vacant. Buffalo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Buffalo real estate agent to arrange a tour today!
Buffalo, New York 14204 has a population of 276,011. Buffalo 14204 is less family-centric than the surrounding county with 21.66% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Buffalo, New York 14204 is $42,186. The median household income for the surrounding county is $62,578 compared to the national median of $69,021. The median age of people living in Buffalo 14204 is 33.9 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 38.5 inches per year, with 84.8 inches of snow per year.