Buffalo, New York, offers a unique opportunity for investors to capitalize on the city's diverse economy and rich history. With 2 warehouses for sale, Buffalo provides a wide range of investment options for those looking to tap into the city's growth. Warehouses in Buffalo can represent a variety of investments, from industrial properties to commercial real estate, each offering its own set of benefits and opportunities. For instance, warehouses near the Buffalo Niagara International Airport or the Peace Bridge can provide easy access to transportation hubs, making them ideal for logistics and distribution companies. Additionally, warehouses in proximity to educational institutions like the University at Buffalo or Buffalo State College can cater to the needs of students and faculty, offering storage solutions or commercial spaces. Buffalo's geography, with its proximity to Lake Erie and the Niagara River, also makes it an attractive location for warehouses that require access to waterways. The city's amenities, including hospitals like Oishei Children's Hospital and Buffalo General Medical Center, as well as parks like Delaware Park and Lafayette Square, further enhance its appeal as a prime location for warehouse investments.
Buffalo's warehouses are situated in a city that has diversified its economy, focusing on service industries like healthcare, retail, tourism, logistics, and education. The city is home to major corporations like Kaleida Health, M&T Bank, and Rich Products, which contribute to its economic growth. In addition to warehouses, Buffalo offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Buffalo can be found in areas like the Buffalo Lakeside Commerce Park, which offers easy access to transportation routes. Land for sale in Buffalo can be used for development projects, such as mixed-use buildings or residential complexes. Residential income homes in Buffalo provide a steady stream of revenue for investors, while commercial real estate in the city caters to the needs of businesses and entrepreneurs. Overall, Buffalo's warehouses and other property types offer a unique investment opportunity in a city that is poised for growth and development.
What are the key features investors look for in warehouses in Buffalo?
When searching for warehouses in Buffalo, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot of $53 USD, with an average size of 79,813 square feet, and a maximum size of 359,000 square feet, offering flexibility for various business needs.
- A desirable location with proximity to major transportation facilities, such as the Peace Bridge, I-190, and the Buffalo Niagara International Airport, ensuring easy access to regional and national markets.
- A competitive average cap rate of , indicating a strong potential for returns on investment, as well as access to local amenities, infrastructure, and a skilled workforce.
What size warehouses are available to buy in Buffalo?
Warehouses for sale in Buffalo range in size from 79,813 square feet to 359,000 square feet, with an average price per square foot of $53 USD and an average cap rate of , offering a diverse range of options for buyers, with 2 available listings to choose from.
How much does it cost to buy a warehouse in Buffalo?
When it comes to buying a warehouse in Buffalo, the cost can vary greatly depending on factors such as size, location, and condition, with the average price per square foot being $53 USD and the average size being 79,813 square feet, ranging from smaller options to larger facilities like 359,000 square feet, and with an average cap rate of.
