703 Elk Street, Buffalo, NY 14210

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List Price
$800,000
Status
PENDING
Days on Market
444
MLS#
B1609298
Subtype
Commercial Sale
Year Built
1919
Living Area
122,550
Lot Size
177,725
Acres
4.08
MLS Area Major
Buffalo City

Property Description

Welcome to an exceptional investment opportunity in Buffalo! This offering presents a prime industrial property along with a successful business, Gro Green, specializing in the manufacturing and packaging of premium grass seed, grass fertilizer, and ice-melting materials. This rare package includes 122,550 square feet of versatile warehouse space and loading dock on an expansive 6.8-acre property. Strategically located with easy access to the I-90 highway, downtown Buffalo, and an international border crossing to Canada. Over the years Gro Green has built a strong reputation and a loyal customer base, making it a reliable player in the industry. The business operates entirely on-site, utilizing state-of-the-art Premier Tech mixing and packaging machines, with lean operations (4 employees). Net income has exceeded $400,000 in some years. The preferred approach is to sell the real estate and business together, providing the new owner with an established and thriving operation. However, the option to purchase the properties and the business separately is also available, catering to diverse investment strategies.

Additional Information

Taxes
$14,658
Zoning
D-IH
Heating
Gas, Radiant
Stories
4
Roof
Asphalt
School District
Buffalo

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Listing courtesy of Verax Real Estate LLC. Contact: