37 Franklin St - Cathedral Park Tower 6,300 SF Office Condo Unit Offered at $459,000 in Buffalo, NY 14202

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INVESTMENT HIGHLIGHTS

Superb space for the professional office user who appreciates an unparalleled combination of amenities, affordability and convenience
Steps to courts, Canalside, government offices, restaurants, KeyBank Center, Sahlen Field, Naval Park, and entertainment
On site parking with attendant, and vehicle hand washing and waxing services available. Additional parking within one block

Well suited for law firm, insurance agency, accounting/ financial services, or any professional office use
Panoramic views of Lake Erie and City
Newly renovated lobby and elevators

EXECUTIVE SUMMARY

6300 sq. ft. office condominium. Superb space for the professional office user who appreciates an unparalleled combination of amenities, affordability and convenience. Well suited for law firm, insurance agency, accounting/ financial services, or any professional office use. Steps to courts, Canalside, government offices, restaurants, KeyBank Center, Sahlen Field, Naval Park, entertainment, and everything downtown Buffalo has to offer. Panoramic views of Lake Erie and City. On site parking with attendant, and vehicle hand washing and waxing services available. Additional parking within one block. Newly renovated lobby and elevators. Energy efficient double insulated EIFS dry-vit construction. In suite HVAC with individually zoned offices. In the heart of Buffalo’s Central Business District. 24/7 secure access.

PROPERTY FACTS

Price	$459,000
Unit Size	6,300 SF
No. Units	1
Total Building Size	72,250 SF
Property Type	Office (Condo)
Sale Type	Owner User
Building Class	B
Floors	11
Typical Floor Size	6,568 SF
Year Built	1915
Lot Size	0.16 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 UNIT AVAILABLE

Unit 600

Unit Size	6,300 SF
Price	$459,000
Price Per SF	$72.86
Condo Use	Office
Sale Type	Owner User

DESCRIPTION

The Central Business District's finest office offering...in Buffalo's premier office condominium. This is a superb property for any professional office user who appreciates an unparalleled combination of amenities, affordability and convenience. Unit #600 offers a well-designed 6,300 sf layout and panoramic views of the city and waterfront, with an efficient mix of private perimeter offices and open areas.

Cathedral Park Tower was converted to Buffalo' s first and only Class A office condominium tower in 1985. The unit features a highly energy efficient heating and cooling system with individually zoned offices to ensure everyone' s comfort.

SALE NOTES

Just off I-190, Elm Street exit, on Franklin between Seneca and Swan. Close to courts, Peace Bridge, government offices...steps to restaurants, entertainment, pro sports, Naval Park, Canalside, St. Paul's Cathedral and everything downtown Buffalo has to offer.

Originally constructed as a warehouse in 1915, the building was redeveloped into Buffalo’s first office condominium in 1985. The structure of the building is extremely robust due to poured concrete floors and occupants enjoy high-energy efficiency as a result of the DryVit exterior and insulation finish system (EIFS).

Office condominium ownership offers several advantages over leasing, including greater control over the workspace, professional image, potential for property appreciation, tax benefits (mortgage interest and property tax deductions), a hedge against fluctuating rents, the ability to customize space to suit business needs, and a sense of community within the building.