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268 Main St
Buffalo, NY 14202 Downtown Buffalo

$4,600,000 USD

Office Residential For Sale  •  55,800 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 55,800 SF
  • Lot Size 0.22 AC
  • Building Class B
  • Year Built 1889
  • Tenancy Multiple
  • Zoning Commercial
64 Transit Score
90 Walk Score

Highlights

A meticulously maintained 50,600 SF Romanesque Revival masterpiece situated on the NFTA Metro Rail line in the Heart of Buffalo’s CBD.
Stabilized Income - Anchor tenant Crowley Webb (33,940 SF) through 2030. Long-term tenancy since 1990.
Benefit from a "Walker’s Paradise" rating, with an array of dining and entertainment options within a two-block radius
Upside: 11,300 SF total vacancy (including 6th floor) - Current Yield: 6.77% | Target Yield: 8.89%+
Modernized Asset - Over $1M in recent CapEx including New Roof, HVAC Units, Cooling Tower, Boilers, Electric upgrades, etc.

Amenities

  • Bus Line
  • Controlled Access
  • High Ceilings
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
2 min 6 min 0.3 mi
Transit/SubwayDriveWalkDistance
Seneca (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) 2 min 2 min 0.1 mi
Church (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) 1 min 4 min 0.2 mi
Erie Canal Harbor (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) 2 min 5 min 0.3 mi
Special Events Station (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) 2 min 7 min 0.4 mi
Lafayette Square (Buffalo Metro Rail - Niagara Frontier Transportation Authority Light Rail (Buffalo Metro Rail)) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
Buffalo Niagara International 20 min - 11.7 mi
Niagara Falls International 31 min - 20.2 mi
John Fletcher 716-698-8401 Fletcher Capital
John Fletcher 716-698-8401 Fletcher Capital