See Home Value
$1,339,289*
Commercial - Off Market

537 Main Street

Buffalo, NY 14203
bedrooms
Studio
bathrooms
0 Bath
square feet
9540 Sqft
$1,071,000 - $1,309,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

A historic brick mixed-use investment property located in Downtown Buffalo on the corner of Main and Genesee. Steps from the Theatre District, a short train ride to Canalside, and walking distance to dozens of brilliant restaurants. This 9,540 sq ft building was renovated between 2013-2015 with all new plumbing, electric and mechanical systems. It consists of a stunning split-level loft apartment and first floor restaurant space leased by Graylynn, a new European bistro by the owners of Ballyhoo and Lucky Day. The apartment is furnished and leased until Feb 2021. The restaurant is leased until Jan 2025. Both tenants are responsible for all utilities including gas, electric and water expenses. Perfect opportunity for an owner to occupy the stylish city loft while enjoying low-maintenance rental income.

The manager has listed the unit size as 9540 square feet.
Unit Size
9,540Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
Commercial
Property Taxes
$12,844
HOA Dues
-
Year Built
1977

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 25, 2021 In contract -
In contract
Aug 19, 2020 Listed $1,190,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$1,400,000 Feb 8, 2021
$1,400,000 Apr 30, 2021
$544/mo
Multifamily
Stu
-
-
$999,900 Oct 24, 2022
$999,900 Jan 11, 2023
$650/mo
Commercial
Loft
-
-
$1,200,000 Jul 6, 2022
-
$1,054/mo
Commercial
Loft
-
-
$1,399,000 Mar 7, 2022
-
$918/mo
Condo
3 Beds
4 Baths
-
$999,000 Apr 18, 2022
-
$863/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200819
08/19/2020
Loft
-
9540 ft²
$1,190,000
bedrooms
Loft
bathrooms
-
square feet
9540 ft²
-
-
-
Caitlin Coder
Gurney Becker & Bourne

Building Info

537 Main Street 537 Main Street, Buffalo, NY 14203
More about this Building
537 Main Street
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About Central Buffalo


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