Another Property Sold by HUNT Commercial: 6941 Elaine Dr. Niagara Falls, NY

6941 Elaine Drive is located in Niagara Falls, NY and is a multi-tenant medical investment property sold by PKV Associates, LLC. Purchased by Apex Ventures Holdings LLC, the previous owners will still remain tenants in the building. The building was sold on October 18, 2018. HUNT Commercial Real Estate Agent Leah Wrate was the listing agent for this property.

4 Reasons to Use a Commercial Real Estate Agent

Searching for a commercial space for your business can be an immense undertaking. From investing your time into finding the perfect property to the financial investment involved in a commercial lease, the process can be a tricky one to navigate, especially while running the day to day aspects of your business.

Since your commercial rent or lease payment is a significant expense for your business – typically the second highest expense for a business next to payroll – it makes sense to consider working with a professional while searching for your commercial space.

Here are just a few good reasons to have a Commercial Real Estate Agent on your side:

man in suit looking at watch1. They Save You Time: There are only so many hours in the day and there is a lot that goes into searching for a commercial space: researching properties, contacting the landlord, viewing the property, and negotiating terms. Finding the right property for your business, ironically, can very easily take away from the time that you would normally reserve for running your business. A commercial real estate agent will do the legwork for you, saving you effort, money, and ultimately time that you can dedicate to your business.

2. They Know the Market: A metropolitan area has many submarkets with different levels of demand. Since commercial leases can run 3, 5, or even 10+ years, it’s difficult to know when prime space will become available. Your agent will be aware of when these desirable locations will be back on the market, and has access to industry websites and listings that are unavailable to the public, thanks to their connections and resources.

two men shaking hands over a laptop and paper with the word contract on it3. They Understand Business: Every business requires a different space. Your agent will take what’s important to you and your business and show you the best available options. Your agent will take into consideration any restrictions or limitations so you don’t end up viewing properties that won’t be conducive to your business.

4. They Understand Your Lease: Leases come in several forms, and your agent can help you understand what they mean. For example, a Triple Net Lease, which is typical for industrial or warehouse spaces, is a base rent plus the cost of taxes, insurance, maintenance and utilities. If your landlord provides a Gross Lease, which is commonly used for office space, that lease includes all costs, while a Modified Gross Lease may include all expenses except for utilities. Your agent will explain all the terms and conditions to you, so there are no surprises when your first month’s payment is due.

Landlords often use their own in-house leasing agents, or use a third-party leasing agent, so it makes sense to get your own representation during the process. Work with your commercial real estate agent, and they will help find you the right space for your business!

Stephen Fitzmaurice has over 30 years of experience running commercial building ranging in size from 300,000 square feet to over 1.5 million square feet. Over the years, he produced over 150,000 square feet of new leases and lease renewals. Steve is a graduate of both the Hotel School at Cornell University and UB's Center for Entrepreneurial Leadership Core program. e has served on various boards, most recently as a Director at Buffalo Place from 2002 through 2014. You can reach him at sfitzmaurice@huntcommercial.com.

 

View from Above: 810 Main Street Buffalo, NY


Check out these downtown redevelopment parcels for sale!

810 Main Street consists of 10,100 +/- SF of brick office on four floors and attached
6,600 +/- SF warehouse suitable for indoor parking and/or the addition of upper floors.

Expansion plans for this parcel have received conditional approval from the City of Buffalo. Sale also includes 8 St. Louis Place.

8 ST. LOUIS PLACE – A 0.23 acre lot with curb cut, also suitable for parking, additional office/apartments or development site. The properties are one block from the Kensington Expressway and the Buffalo Medical Campus.
PARCELS WILL NOT BE DIVIDED.

Take a Look Inside the Former Harley Davidson on Bailey Ave.

Formerly the Harley Davidson showroom (retail), service (motor services) and warehouse, this single story long rectangular 50,000+/- square foot building has fantastic visibility on Bailey Avenue.  The facility has approximately equal portions of retail, production and warehouse. The property is zoned General Business which includes retail outlet use and automotive services if with a new or used motor vehicle sales. This property is located just south of the Niagara Falls Boulevard (Rt. 62) and Sheridan Drive (Rt. 324) intersection in the Grover Cleveland Terrace neighborhood of Amherst, Metro Buffalo’s larget suburb. This fabulous and diverse property is also situated less than a 1/4 mile north of the 154 acre University at Buffalo South Campus.

Want to take a peek inside? Check out our 360 tour:

For more information, visit: https://www.huntcommercial.com/listing/123312625

Check Out 2505 Main Street from the Sky!

Check out this property from the sky!

2505 Main Street in Buffalo, NY is 21,448 Sq. ft. on 0.47 of an acre in the North Buffalo section of the City of Buffalo. The property is a two (2) story facility consisting of two (2) buildings located at 2505 Main St. and 2514 Main St. The original building was built in 1953 and the back warehouse building was built in the 1950’s.

The building features a 2,500 SF showroom, offices, a workshop and a large warehouse space. The property has two (2) grade doors and one (1) dock door. Clear heights of 16′ are present in the warehouse space. The warehouse has radiant heat and also three (3) phase power.

There are drive-able ramps within the interior of the building making the workshop area, warehouse area and showroom area ideal for large machines or vehicles.

This building could be eligible for historic tax credits with direct links to the Ford Motor Company.

To learn more, visit the listing now: https://www.huntcommercial.com/listing/136830280

26 West Spring Street Virtual Tour

26 West Spring Street Brick Exterior
Check out this great property just one block north of Main Street, and west of St. Peter and Paul Roman Catholic Church. 26 West Spring Street in Buffalo, NY was built in 1976. It is a brick two-story building that currently has a high-tech tenant who will consider short or long-term leaseback or vacating the premises. With an excellent location about three miles south of the Buffalo Niagara Airport and ½ mile east of I-290 and Main Street, this is an excellent development opportunity.

Care to take a step inside? Check out another virtual tour now!

Get a 3D Tour of the Delaware Avenue Baptist Church

Outside Image of Church

Our latest unique find is a notable historic church in Buffalo, NY. The Delaware Avenue Baptist Church was designed by John H. Coxhead, and is located between Utica and Bryant Streets. A stunning stained-glass dome tops this large space, which has a 6,500 sq. ft., a massive basement that spans the entire length of the structure, and three floors of meeting/office space, including a 700 sq. ft. kitchen.

Ever wish you could take a peek inside this piece of Buffalo history? Now you can! Check out the 3D Virtual Tour by clicking here.

Historic Brick Beauty with Roots in WNY History

Looking for a property with roots in Buffalo’s history? Check out our latest unique find! This historic brick beauty is a rare gem located near the heart of the Elmwood Strip at 333 Elmwood Ave.

A brief history

Built for Nathaniel Rochester, a wealthy attorney and direct descendent of the founder of the city of Rochester, this property was originally constructed as a hotel during the Pan-American Exposition.

The residence’s function changed during the 1930s as Buffalo experienced a housing shortage. Pre-war manufacturing caused an influx of working class individuals and families who needed affordable housing. To meet this demand, 333 Elmwood Ave. was converted into a rooming house: a temporary housing alternative with small private bedrooms that share a communal bathroom. It remained this way through the years and still operates as such today.

333 Elmwood today

This multi-family property is 9,684 square feet and has 16 rooms, 6 of which have private bathrooms. Each of the three floors also has a common bathroom. With off street parking and an ideal location just down the street from Oishei’s Children’s Hospital, between Allentown and Elmwood Village, it won’t last long! For more information, go to: 333 Elmwood Avenue.

477 Main Street in Buffalo, NY is Sold

HUNT Commercial is pleased to announce the sale of 477 Main Street in Buffalo, NY. The property, which was a co-list between Chris Malachowski and Heidi Nuessle, was formerly home to the Martin Group. Commercial real estate brokerage CBRE-Buffalo moved its offices to the 5,700 square foot building in downtown Buffalo.

Thanks for all the hard work and great job Chris and Heidi!