89 Norris St 11,965 SF 100% Leased Industrial Building Buffalo, NY 14207 $1,046,940 CAD ($87.50 CAD/SF)

For sale is a beautiful 11,235sqft commercial/industrial space in a great location in Buffalo NY—just one block in from the corner of Elmwood and Hertel Avenue. If you are not familiar with this area of Buffalo—it is on the up and up with tens of millions of dollars in development including a large YMCA summer camp, 144 luxury apartment's, health clinics, and more underway within one city block.
This property consists of two buildings/addresses (89 & 103 Norris St.) that connect by hallway. The layout is currently sectioned into 4 spaces with centralized bathrooms and all have their own private entrances, but can easily be opened up into larger combined spaces if needed. The rental income on this property is $10,500/month conservatively.
The property is fitted with 3-phase electric and a massive 800AMP breaker if high power is required—it’s there.
This property also has a ton of great parking for all units including a large lot on the right side, several parking spots in front of the left and front units, as well as a gravel lot on the left side of the property and street parking as well.
The entire building has been freshly painted this year with the addition of multiple interior spaces also freshly painted.
All roofs are in fantastic shape with the 103 Norris buildings being just over 5 years old.
All tenants in building are currently on a month-to-month lease. However, multiple would be happy to sign a long-term lease with a new owner if given the opportunity to.
Overall this is as close as it gets to a turn-key investment property and can also be an incredible space for a new owner to occupy.