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6351 Transit Rd 3,789 SF Vacant Office Building Lancaster, NY 14043 $320,000 ($84.46/SF) 10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • heavy traffic on the busiest road in buffalo, right on the hill

EXECUTIVE SUMMARY

Prime investment opportunity right on the busy Transit road, located by the highway entrance, this space is easily reachable. 2 two-floor office buildings with a basement and a huge parking lot. The property also goes back another quarter acre in the back. Building is also available for lease.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Building Size
3,789 SF
Building Class
C
Year Built
1960
Price
$320,000
Price Per SF
$84.46
Cap Rate
10%
NOI
$32,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,895 SF
Building FAR
0.16
Lot Size
0.56 AC
Zoning
general commercial - general commercial
Parking
20 Spaces (5.28 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Bmg Of Wny Inc
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Doan & Co Auto & Property Appr
  • Real Estate
  • -
  • -
  • -
  • Larsen & Assoc
  • Public Administration
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Bmg Of Wny Inc Professional, Scientific, and Technical Services - - -
Doan & Co Auto & Property Appr Real Estate - - -
Larsen & Assoc Public Administration - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Basement
  • 1,263 SF
  • Office
  • -
  • Now
  • 1st Floor
  • 1,263 SF
  • Office
  • -
  • Now
  • 2nd Floor
  • 1,263 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
Basement 1,263 SF Office - Now
1st Floor 1,263 SF Office - Now
2nd Floor 1,263 SF Office - Now

Basement

Size
1,263 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size
1,263 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
1,263 SF
Space Use
Office
Condition
-
Available
Now

Basement

Size 1,263 SF
Space Use Office
Condition -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
145289-093-130-0003-007-000
Land Assessment
$115,000
Improvements Assessment
$75,000
Total Assessment
$190,000
  • Listing ID: 37295128

  • Date on Market: 8/15/2025

  • Last Updated:

  • Address: 6351 Transit Rd, Lancaster, NY 14043

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