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1219 Elmwood Ave

5,158 SF Office Building Buffalo, NY 14222 $822,744 CAD ($160 CAD/SF)

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Investment Highlights

Building in excellent condition and prime location
Almost 5,200 SF building with a finished 3,400SF+ finished basement
Potential for residential single or multifamily conversion

Across from AKG Art Gallery, Buffalo State University and the Richardson Hotel
Currently a religious facility with offices
Designated on street parking

Executive Summary

Almost 5,200 SF building with a finished 3,400SF+ finished basement. Building in excellent condition and prime location. Situated at the end of Penhurst (One way). Across from AKG Art Gallery, Buffalo State University and the Richardson Hotel. Currently a religious facility with offices. Potential for residential single or multifamily conversion. Designated on street parking. Roof and mechanicals in great condition. Two boilers. 3 bathrooms, 1 full. Original building built in 1940's with an addition in the 1970's. Building is fully sprinklered.

Newman Center Brochure

Property Facts

Sale Type

Owner User

Property Type

Office

Property Subtype

Office/Residential

Building Size

5,158 SF

Building Class

Year Built/Renovated

1940/1970

Price

$822,744 CAD

Price Per SF

$160 CAD

Tenancy

Single

Building Height

2 Stories

Typical Floor Size

2,579 SF

Building FAR

0.91

Land Acres

0.13 AC

Amenities

Basement

PROPERTY TAXES

Parcel Number	140200-089-130-0002-031-000	Improvements Assessment	$484,442 CAD (2023)
Land Assessment	$79,518 CAD (2023)	Total Assessment	$563,960 CAD (2023)