One of Delaware Avenueis beauties is for sale. The former Knights of Columbus Building at 506 Delaware Avenue has hit the market and is already drawing interest. Hunt Commercial has the listing with an asking price of $1.3 million.
The Second Empire style mansion was built in 1870 by industrialist Chillion M. Farrar and purchased in 1916 by the Knights of Columbus. Half of the Delaware Avenue faAade is an addition to the original mansion built by the Knights. An auditorium, swimming pool and a gym were added in the early 1960is. Joseph Deck purchased the building in the mid-1980is and remodeled it into offices. The Private Industry Council of Buffalo and Erie County occupied the building for several years.
Current owner Jim Jerdeis 506 Delaware Avenue Associates LLC has owned the building since March 2003. Jerde rehabbed the original mansion including faAade work that exposed the previously painted brickwork. The mansion still contains original woodwork in several rooms and a three-story staircase atrium. The 47,000 sq. ft. of office space in the rear addition is gutted and the basement gym facilities are occupied by the Downtown Athletic Club. Located on Delaware near Allen with parking for 35 cars, the building makes for an ideal office location or mixed-use redevelopment.
Get Connected: Clarke Thrasher at 716.880.1922