The information contained on this website (“Digital Offering”) is provided solely for the purpose of evaluating the potential purchase of 268 Main Street, Buffalo, NY 14202 (the “Property”). Accessing this site does not constitute an offer to sell or a binding agreement. This site is a solicitation of interest only.
All materials, including financial projections, tenant data, and interior photography, are highly confidential. By accessing this site, you agree that you will not:
Share, screenshot, or distribute any portion of this site to third parties without the express written consent of John Fletcher ("Broker") or the Property Owner.
Use the information for any purpose other than the evaluation of a direct acquisition.
While the information herein has been gathered from sources deemed reliable neither the Broker nor the Owner makes any representation or warranty, express or implied, as to its accuracy or completeness.
Projections: Any estimates, cash flow projections, or "upon stabilization" values are based on assumptions that may change. Actual results may vary significantly.
Due Diligence: It is the sole responsibility of the recipient to conduct a comprehensive independent analysis. The recipient shall rely exclusively on their own investigation and the terms of a final, fully executed Real Estate Purchase Agreement.
John Fletcher is a Licensed Real Estate Broker in the State of New York and has an exclusive listing to sell this property.
Notice of Interest: Prospective purchasers are hereby advised that the Broker also serves as CFO/CIO of the anchor tenant, Crowley Webb as well as property manager for the building. All negotiations will be conducted with full transparency in accordance with New York State Real Estate License Law.
Authorized Representation: John Fletcher is the only party authorized to represent the Owner in this transaction. No other person is authorized to make representations on the Owner's behalf.
The Owner and Broker expressly reserve the right, at their sole discretion, to reject any expression of interest, terminate negotiations at any time, or withdraw the property from the market without notice. The Owner shall have no legal obligation to any party until a binding, written contract is fully executed and delivered.
This website may contain links to external sites (e.g., municipal records, news articles, or maps). The Broker is not responsible for the content or accuracy of these external sources.
The five-year commercial pro forma contained within this Digital Offering includes forward-looking assumptions concerning rental income, vacancy, operating expenses, financing, capitalization rates and disposition proceeds. Actual performance may differ materially from the assumptions presented.
The residential and hospitality adaptive-reuse concepts are preliminary illustrations of potential future uses. They do not constitute approved development plans, architectural or engineering conclusions, construction estimates, market studies, appraisals, financing commitments or representations of economic feasibility.
All references to grants, tax credits, property-tax exemptions, Qualified Opportunity Zone treatment and other public or utility incentives identify programs that a purchaser may wish to investigate. No application, eligibility determination, designation renewal, approval, award or funding commitment is represented. Program availability, boundaries, requirements, eligible costs and funding levels may change.
The Property’s location within a Qualified Opportunity Zone under the original 2018 program does not automatically provide tax benefits to a purchaser. Any potential benefit depends upon the purchaser, eligible gain, investment timing, Qualified Opportunity Fund structure, property qualification, substantial improvement, holding period and continuing compliance. No representation is made that Census Tract 165 will be designated under the new Opportunity Zone period beginning in 2027.
Prospective purchasers are solely responsible for independently evaluating all financial assumptions, redevelopment concepts, construction requirements, financing sources and potential incentives with their own architects, engineers, contractors, lenders, accountants, attorneys, tax advisors and governmental agencies.
THANK YOU for taking the time to review this package, please email me with any questions or send your purchase offer in writing to john@fletchercapital.com Take care!