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Investment Highlights
- Gothic Revival Cathedral
Executive Summary
193 Elk is an 20,000 SQFT, Gothic Revival Cathedral & rectory,built of Ashlar Stone & sitting on 1.8 acres of land in South Buffalo's "Valley" neighborhood.Built in 1888 & originally designed by Fred W. Humble for St.Stephen's Roman Catholic Parish, today the building no longer holds religious status & is on the National Register of Historic Places.The historical designation qualifies the building for both State & Federal Tax Credits up to 50%.The organ,designed by Garrett House,pre-dates the building,has its own historical designation, & is in working order.The rectory includes 4, 1 bedroom apartments,5 full baths,2 half baths & 7 additional rooms/offices.The nave is quintessential of Gothic Revival Architecture & comes w/ City approved drawings/plans to be converted into a event/entertainment space & is currently plumbed for 10 toilets. Expansive grounds can accommodate an additional building w/ parking. This sale also includes the following vacant lots:197 Elk, as well as 39, 43,& 59 Euclid Place, all connected parcels. Adjacent to the McDermott Lofts, .8 miles from Larkinville, .5 miles from Red Jacket River Front Park, 2 miles from Silo City, .4 miles to BriarBrothers Brewing
Property Facts
| Price | $700,000 | Lot Size | 1.80 AC |
| Price Per SF | $31.29 | Building Size | 22,374 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1888 |
| Property Subtype | Religious Facility | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | C-Buffalo | ||
| Price | $700,000 |
| Price Per SF | $31.29 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 1.80 AC |
| Building Size | 22,374 SF |
| No. Stories | 3 |
| Year Built | 1888 |
| Opportunity Zone |
Yes |
| Zoning | C-Buffalo |
1 1
Property Taxes
| Parcel Number | 140200 122.51-1-1.1 | Improvements Assessment | $8,700 |
| Land Assessment | $191,300 | Total Assessment | $200,000 |
Property Taxes
Parcel Number
140200 122.51-1-1.1
Land Assessment
$191,300
Improvements Assessment
$8,700
Total Assessment
$200,000
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193 Elk St - St Clare Church
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