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703 Elk St 122,500 SF Vacant Industrial Building Buffalo, NY 14210 $1,116,736 CAD ($9.12 CAD/SF)



EXECUTIVE SUMMARY
Welcome to an exceptional investment opportunity in Buffalo! This offering presents a prime industrial property along with a successful business, Gro Green, specializing in the manufacturing and packaging of premium grass seed, grass fertilizer, and ice-melting materials. This rare package includes 122,550 square feet of versatile warehouse space and loading dock on an expansive 6.8-acre property. Strategically located with easy access to the I-90 highway, downtown Buffalo, and an international border crossing to Canada. Over the years Gro Green has built a strong reputation and a loyal customer base, making it a reliable player in the industry. The business operates entirely on-site, utilizing state-of-the-art Premier Tech mixing and packaging machines, with lean operations (4 employees). Net income has exceeded $400,000 in some years. The preferred approach is to sell the real estate and business together, providing the new owner with an established and thriving operation. However, the option to purchase the properties and the business separately is also available, catering to diverse investment strategies.
PROPERTY FACTS
| Price | $1,116,736 CAD | No. Stories | 4 |
| Price Per SF | $9.12 CAD | Year Built | 1919 |
| Sale Type | Investment or Owner User | Parking Ratio | 0.57/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 30’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 3 |
| Building Class | C | No. Drive In / Grade-Level Doors | 12 |
| Lot Size | 6.80 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 122,500 SF | ||
| Zoning | Commercial/Warehouse - Heavy Industrial | ||
| Price | $1,116,736 CAD |
| Price Per SF | $9.12 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 6.80 AC |
| Rentable Building Area | 122,500 SF |
| No. Stories | 4 |
| Year Built | 1919 |
| Parking Ratio | 0.57/1,000 SF |
| Clear Ceiling Height | 30’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 12 |
| Opportunity Zone |
Yes |
| Zoning | Commercial/Warehouse - Heavy Industrial |
AMENITIES
- Yard
- Storage Space
PROPERTY TAXES
| Parcel Number | 140200-123-130-0001-004-100 | Improvements Assessment | $408,239 CAD |
| Land Assessment | $367,613 CAD | Total Assessment | $775,852 CAD |
PROPERTY TAXES
Parcel Number
140200-123-130-0001-004-100
Land Assessment
$367,613 CAD
Improvements Assessment
$408,239 CAD
Total Assessment
$775,852 CAD
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703 Elk St
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