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196 Franklin St 0.63 Acres of Commercial Land Offered at $3,696,847 CAD in Buffalo, NY 14202
Executive Summary
Exceptional Opportunity As Income Producing Parking Lots With Existing Lease And Or Possible Development Having Convenient Parking. Centrally Located in Downtown Buffalo within Walking Distance To The Theater District, Hotels, Restaurants, Nightlife And Government Buildings, This Investment Can Bring Future Dividends While Currently Bringing In Capital From Existing Lease Agreement. Corner Lot With Frontage On Franklin And W Huron, Second Lot Has Frontage On W Huron And Bean Alley, Third Lot Has Frontage On Bean Alley.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$16,832
|
$26,718.04
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,832
|
$26,718.04
|
Financial Summary (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $16,832 |
| Annual Per AC | $26,718.04 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,832 |
| Annual Per AC | $26,718.04 |
Property Facts
| Price | $3,696,847 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.63 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | N1D - Retail & Service, General & other | ||
| Price | $3,696,847 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.63 AC |
| Opportunity Zone |
Yes |
| Zoning | N1D - Retail & Service, General & other |
1 Lot Available
Lot
| Price | $3,696,847 CAD | Lot Size | 0.63 AC |
| Price Per AC | $5,868,011.44 CAD |
| Price | $3,696,847 CAD |
| Price Per AC | $5,868,011.44 CAD |
| Lot Size | 0.63 AC |
Exceptional Opportunity As Income Producing Parking Lots With Existing Lease And Or Possible Development having Convenient Parking. 3 lots centrally Located in Downtown Buffalo.
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $641,057 CAD | |
| Land Assessment | $425,239 CAD | Annual Taxes | $16,832 CAD |
| Improvements Assessment | $215,818 CAD | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$425,239 CAD
Improvements Assessment
$215,818 CAD
Total Assessment
$641,057 CAD
Annual Taxes
$16,832 CAD
Tax Year
2024
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196 Franklin St
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