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1152 Main Street , Buffalo, NY 14209
1152 Main Street, Buffalo, NY 14209
7878
sq ft
1
Commercial floors
5
units
5
gas meters
5
electric meters
1
hot water tanks
5
heating units
1
cooling units
Residential units
Unit 1
$1,000
rent
Tenant Occupied
status
2
beds
1
baths
Unit 2
Vacant
status
2
beds
1
baths
Unit 3
$1,000
rent
Tenant Occupied
status
1
beds
1
baths
Unit 4
$500
rent
Tenant Occupied
status
1
beds
1
baths
Commercial units
Unit 5
Office
Category
Residential units
Unit 1
$1,000
rent
Tenant Occupied
status
2
beds
1
baths
Unit 2
Vacant
status
2
beds
1
baths
Unit 3
$1,000
rent
Tenant Occupied
status
1
beds
1
baths
Unit 4
$500
rent
Tenant Occupied
status
1
beds
1
baths
Commercial units
Unit 5
Office
Category
Historic Commercial Building - 1152 Main Street, Buffalo, NY 14209
Mixed-Use Investment Opportunity in Downtown Buffalo
Property Specifications
- Address: 1152 Main Street, Buffalo, NY 14209
- Year Built: 1889
- Total Square Footage: 7,878 sq ft
- Lot Size: 65' x 169' (0.18 acres)
- Building Type: Mixed-Use - Office & 4 Apartments
- Zoning: N-1C
- Stories: 3 plus full basement
Property Overview
This architecturally significant three-story brick building represents a rare opportunity to own a piece of Buffalo's history. Built by Charles Weigand, one of Buffalo's largest brewers of the era, this stunning property has been meticulously maintained and strategically converted to maximize income potential.
Current Configuration
- First Floor: Professional office space (formerly successful dental practice for 40+ years)
- Second & Third Floors: Four well-appointed rental apartments
- Basement: ~2,000 sq ft semi-finished space with commercial conversion potential
Architectural Features & Historic Character
- Rare Voussoir: One of the few buildings in Buffalo featuring an exterior enclosed brick porch - a distinctive architectural element
- Premium Materials: Medina stone foundation with extensive terracotta detailing
- Original Craftsmanship: Spectacular period woodwork throughout
- Authentic Character: Maintained historic integrity while meeting modern building codes
Income-Generating Advantages
The current owner operated rent-free for 35 years, as the four apartments consistently covered all building expenses plus generated substantial profit. This proven income model includes:
- Four residential units with strong rental history
- Professional office space on prime floor
- Established tenant base with high retention
- Each apartment includes dedicated parking space
Premium Location Benefits
- Downtown Proximity: Minutes from Buffalo's legal and medical corridors
- Transit Access: Rapid transit station directly across the street - 5-6 minutes to downtown courts
- Professional Tenant Base: Attracts lawyers, medical professionals, and downtown workers
- Established Business District: Surrounded by thriving commercial enterprises
Parking - A Rare Urban Amenity
15+ parking spaces - an exceptional feature for downtown Buffalo:
- 6 spaces in front
- 6 spaces in rear
- 3 side spaces
Ideal For:
- Law Firms: Perfect setup with office space, conference rooms, and associate housing
- Medical Practices: Proven success in healthcare services
- Professional Services: Prestigious address with practical amenities
- Investment Groups: Strong rental income history with appreciation potential
- Mixed-Use Development: Flexible zoning allows multiple business configurations
Special Features
- Multiple Egress Points: All apartments have front and rear access per code
- Historic Tax Credit Eligible: Potential additional investment incentives
- Turn-Key Operation: Established systems and tenant relationships
Financial Highlights
- Proven 35-year track record of positive cash flow
- All building expenses historically covered by rental income
- Depreciation benefits for tax advantages
- Strong appreciation history in improving neighborhood
This is more than a building - it's a legacy property that combines historic character with modern income potential. The rare combination of architectural significance, proven cash flow, and downtown convenience makes this an exceptional opportunity for the discerning investor or professional looking to own their business location.
Property showings available by appointment.
