Share, , , Google Plus, Reddit, Pinterest, StumbleUpon

Print

Posted in:

Opportunity Knocks: 70 Niagara Street

Downtown real estate is a hot commodity these days. With growing interest from local developers and investors, as well as from real estate groups from across the North America, the city’s architectural assets are coveted more than ever.

One 5-story office building that will surely command some serious attention is 70 Niagara Street. This 28,100 square foot beauty is a prime asset that is currently for sale for $3,650,000.

70 Niagara Street is ideally situated in the heart of downtown, overlooking Niagara Square and City Hall. Over the years, it has been home to numerous law firms, due to its close proximity to the courts and government offices.

Property highlights:

  • Currently divided into 40 units, a mix of individual and group suites
  • 78% of units are occupied (as of March 2021)
  • Constructed in 1925 as the Schoelkopf, Hutton & Pomeroy Investment Bank
  • Prominent location on Niagara Square near Buffalo City Hall in the Joseph Ellicott Historic Preservation District
  • City, county, state, and federal courts all within a few blocks of the property
  • Located within a Qualified Opportunity Zone

The building is being listed by CBRE|Buffalo. Click here to view the PDF brochure.

Listing agents:

Robert Dimmig, AICP Lic. Associate Real Estate Broker +1 716 855 3700 x 8712 robert.dimmig@cbre-buffalo.com

Julie Greene Lic. Real Estate Salesperson +1 716 855 3700 x 8717 julie.greene@cbre-buffalo.com

Photos courtesy CBRE

Written by queenseyes

queenseyes

Newell Nussbaumer is 'queenseyes' - Eyes of the Queen City and Founder of Buffalo Rising. Co-founder Elmwood Avenue Festival of the Arts. Co-founder Powder Keg Festival that built the world's largest ice maze (Guinness Book of World Records). Instigator behind Emerald Beach at the Erie Basin Marina. Co-created Flurrious! winter festival. Co-creator of Rusty Chain Beer. Instigator behind Saturday Artisan Market (SAM) at Canalside, Buffalo Porchfest, and Paint vs. Paint. Founder of The Peddler retro and vintage market on Elmwood. Instigator behind Liberty Hound @ Canalside. Throws The Witches Ball at Statler City, the Hertel Alley Street Art Festival, and The Flutterby Festival.

Contact Newell Nussbaumer | Newell@BuffaloRising.com

View All Articles by queenseyes
Hide Comments
Show Comments