703 & 757 Elk Street Buffalo NY 14210 | B1487254

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 , the company 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.

Property Details

Price:
$990,000
MLS #:
B1487254
Status:
Active
Beds:
0
Baths:
0
Address:
703 & 757 Elk Street
Type:
Commercial
City:
Buffalo
Listed Date:
Aug 1, 2023
State:
NY
Finished Sq Ft:
122,550
ZIP:
14210
Subdivision:
Bailey-Lovejoy
Lot Size:
296,208 sqft / 6.80 acres (approx)
Year Built:
1919

Schools

School District:
Buffalo

Interior

Heating
Gas, Radiant

Exterior

Roof
Other, See Remarks

Financial

Buyer Agent Compensation
3%
Net Operating Income
$-18,323
Taxes
$18,323

Map

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