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385 Franklin Street, Buffalo NY 14202

Historical Office Building - For Sale or Lease To Own

Posted on Classifieds for MySpace - Over 4 weeks ago
Price:
$259,000
BR/BA:
6 BA
Property Type:
Office Space for Sale
Sq feet:
7,000 Sq. Feet
Year:
1900
Location:
Buffalo (Allen), NY
Amenities:
AC, Fireplace, Parking, Wood Floors

385 Franklin Street, Buffalo Description

PROPERTY FOR SALE AND/OR LEASE!
(exclusively listed with Jim Knight from MJ Peterson Commercial Real Estate)

FOR SALE OPTION:

7000sqft Historical brick office building
Central air/heat (new a.c. unit)
Newer plumbing and electric
Hardwood floors and marble fireplaces
Off street parking and wheelchair accessible
T-1 wired/high speed available
Professional neighborhood and located on very busy intersection
Easy access to/from downtown, via the 33 Expressway, I-190, I-90

New paint and carpet!
*14 offices in total

PRICED TO SALE AT: $259,000

*Attractive Owner Financing Available!

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CURRENT RENT INFORMATION:

>FIRST FLOOR: AVAILABLE FOR LEASE JULY 1ST (ideal for owner occupied business)
TENANT WOULD PAY GAS & ELECTRIC

>HALF OF 2ND FLOOR LEASED UNTIL AUGUST 2010: $1050/MO. (PROFESSIONAL BUSINESS)
TENANT PAYS ELECTRIC ONLY * Just Renewed

>OTHER HALF OF 2ND FLOOR: SUMMER LEASE UNTIL SEPT. 2009: $1350/MO.
TENANT PAYS ELECTRIC ONLY.

**SEND EMAIL FOR PRO FORMA**

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LEASE TO OWN/MASTER LEASE OPTION:

Negotiable contract can be made to include a MASTER lease for the ENTIRE property at approx. $3500/mo with an annual increase of 5%. MASTER lease tenant will have right to sublease above mentioned tenants during life of their leases and use or lease vacant space. MASTER tenant would manage and fully care for the property while leased. After MASTER lease term expires, MASTER lease tenant would have option to purchase property at agreed upon price in lease or extend MASTER lease option. Credit towards purchase price may be worked out from lease payments received during the agreed upon term.

Call number below for further details on the LEASE TO OWN/MASTER lease option.

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LOCATION - LOCATION - LOCATION

Located just off the 33 expressway and 3 minutes from courthouses and hospitals. Two blocks from Chippewa St. entertainment district and one block from Allentown Art District. No other location better than this! Historical Building on Franklin St. with all professional neighborhood. Absolutely cannot beat this location!

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Contact property manager at (716)913-7026 or email fofo21582@aol.com

NEXT DAY SHOWINGS AVAILABLE WITH PROPERTY REALTORS.
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This Office Space located at 385 Franklin Street, Buffalo NY 14202 is currently for sale and was listed Over 4 weeks ago. 385 Franklin Street is in Allen in Buffalo, NY. See other Office Spaces near 385 Franklin Street or other Buffalo Real Estate