193 Elk St - Churches FOR SALE


Buffalo, NY 14210- Valley
$500,000 USD
716-909-1375
193 Elk St, Buffalo, NY for Sale
$500,000 USD
Churches - FOR SALE
1/48
null | Request Cap Rate

193 Elk St
Buffalo, NY 14210
Valley


HIGHLIGHTS

  • For congregation, investment, development, event space or single family home
  • $60,000 current annual cash flow
  • Over 22,000 Square feet of Versatile use
  • 40 on-site car parks
  • 4 Apartments
  • 4 parcels included in sale

OVERVIEW

Where else can you find an over 20k sq ft, 40+ parking spots, w/beautiful green space, Gothic revival style Church and incoming producing rectory on almost 2 acres (includes vacant lots, 197 Elk, 39, 43, 59 Euclid) that can be used as your own home?? This truly multifarious property is capable of a variety of uses with no religious restrictions and eligible for both state and federal tax credits up to 50%! 193 elk is on the national register of historic places and has been featured on television as well! Constructed of Ashler stone, and built by Fred W. Humble in 1888, this is the perfect place to live, work and play! Incoming rents already producing 5000 a month help investors, and people looking to own this as their own home settle right in, the expansive church w/beautiful leaded glass throughout features an ornate working organ designed by Garret House, which also has its own historical designation, there is also extra space in the basement of the church as well as offices in the front and back and balcony, anyone interested in turning it into an event center will find city approved drawings! The rectory, which is attached to the church has four 1 bedroom apartments, five full baths, two half baths and seven additional rooms/workspaces. Incredible opportunity to get it on the ground floor of S Buffalos resurgence.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St Clare Church

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1888

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

C-Buffalo

APN/PARCEL ID

140200-122-510-0001-001-100

ASK ABOUT THIS PROPERTY

Emily CornwellHanna Commercial Real EstateMore Info
716-909-1375

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Emily CornwellHanna Commercial Real EstateMore Info
716-909-1375

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.