Here's an exciting opportunity in Hamlin Park. A
former factory building at 170 Florida Street (google map) is on the market and its
location within the historic district entitles the rehabilitation of the
building to be eligible for historic tax credits. It’s centrally located within
the city and the proximity to Main Street, Canisius College, Metro Rail, and
the Expressway are huge selling points.
The listing says the building clocks in over 46,000
square feet and with its open floor plans it could be converted for a variety
of different uses including residential mixed use like many others have been
converted in recent years.
The sale includes the various out buildings and the
frontage extends all the way to Jefferson Avenue providing ample parking and
opportunity for creative infill development. A linear park owned by the City of
Buffalo behind the building could be a great amenity as well with some work. The
owner is asking $750,000, but it seems like there is room for negotiation. Here’s
a link to the listing.
The former George A. Otis Bed Manufacturing
building was built in several phases, the oldest being the two and a half story
concrete portion dating to c.1911. The two-story brick and tile buildings were
built between 1923 and 1925. There were several other additions and
outbuildings created over the following decades.
Originally the company was incorporated as the N.P.
Chaney Company founded in the 1880s. As a Buffalo Courier article of 1912
explains the company, “has now been incorporated for the purpose of handling
the constantly increasing business, growing from a small mattress factory to
one of the largest plants in New York State.”
The factory was later used to produce plastic
products during WWII by Bernard Oshei, the brother of John Oshei, the founder
of Trico. It was used by several different manufacturers after Bernard’s death
in 1948 including DuBois Plastics and Fibron Products before the last company
went bankrupt and the building was sold.
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