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588 Monroe St & 34 Brown 588 Monroe St 40,000 SF 100% Leased Industrial Building Buffalo, NY 14211 $1,624,851 CAD ($40.62 CAD/SF)

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EXECUTIVE SUMMARY

Built in 1917, this 40,000 SF Historic building was home to a manufacturing facility for the John Strootman Shoe Company. Located in the "up and coming" neighborhood surrounding Jefferson Ave. and Genesee St, these two adjoining parcels; 588 Monroe Ave., offer tremendous opportunity for an Adaptive Reuse project. Each floor is lined with large windows boasting natural light on every level, including the "semi-below grade basement". Approximately 9,000 +/- SF on each floor, the open floor plates and high, 15 ft. ceilings create a spacious feeling as soon as you step in. Located on 0.75 acres, this well-maintained building features (2) two dock doors, on-site parking and a large freight elevator. Visible from Genesee St., the primary entrance is situated off of Brown St., presenting as a welcoming and neighborhood-friendly "Front Door" to the active community.

PROPERTY FACTS

Price $1,624,851 CAD
Price Per SF $40.62 CAD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 0.40 AC
Rentable Building Area 40,000 SF
No. Stories 4
Year Built 1917
Zoning D-C - Flex-Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140200-111-260-0005-008-000
Land Assessment
$23,443 CAD
Improvements Assessment
$173,084 CAD
Total Assessment
$196,526 CAD
  • Listing ID: 36216019

  • Date on Market: 2025-06-11

  • Last Updated:

  • Address: 588 Monroe St, Buffalo, NY 14211

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