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    Elma, NY
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    Elma, NY Duplexes for Sale

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    Lancaster, NY Buffalo, NY East Aurora, NY Orchard Park, NY Alden, NY Aurora, NY Marilla, NY Bowmansville, NY
    Mixed-Use Building with Office Suites
    Updated: Mar 30, 2025
    Mixed-Use Building with Office Suites

    2901 Bowen Road, Elma, NY 14059

    $699,000
    6,450 sqft 1.42 AC lot
    Firehouse Square multi‑use building on Buffalo Creek with 4 office suites and 2 residential apartments
    Office suite sizes include approx. 1,780 SF (Office #1), 1,080 SF (Office #2), 1,200 SF (Office #3), and 400 SF (Office #4)
    Suites 1 and 2 can be adjoined to form one larger suite; 2 offices currently occupied and 2 vacant
    Two 1‑bedroom, 1‑bath apartments feature large kitchens, living rooms, and in‑unit laundry, plus a second‑floor loft overlooking
    Remodeled top to bottom in 1985 with continuous updates; full dry basement with 8‑ft ceiling height and tenant storage areas
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    This listing looks promising.

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    2901 Bowen Road, Elma, NY 14059

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $61K
      Annual

    • Price @ 7% Cap

      $866K
      Above asking

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1978
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elma, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    Lancaster Duplex: Turnkey Investment Gem

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    $289,900
    1,852 sqft 0.25 AC lot

    Well-maintained Lancaster duplex, ideal for investment or owner-occupancy.

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    Depew Duplex Investment Opportunity
    Depew Duplex Investment Opportunity

    7 CLOYES AVE, Depew, NY 14043

    $210,000
    1,588 sqft

    Well-maintained duplex with strong rental income on a large lot.

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    Updated Duplex in Lancaster Village
    Updated Duplex in Lancaster Village

    5302 Broadway Street, Lancaster, NY 14086

    $329,900
    1,960 sqft 0.16 AC lot

    Charming, updated 2-unit property in the heart of Lancaster.

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    Well-Maintained Multi-Family Property in Depew
    Well-Maintained Multi-Family Property in Depew

    99 S Prince Drive, Depew, NY 14043

    $389,900
    2,800 sqft 0.17 AC lot

    Impeccably maintained multi-family property with tenant-occupied upper unit.

    View details

    Elma, NY Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Elma, NY on our real estate platform. These investment opportunities span a total of 6,450 square feet of properties for sale, with an estimated market value of $699,000.

    Sale prices for duplexes in Elma, NY start at $699,000, averaging $699,000, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 9,413
    Population Growth (5Y) -7.2%
    Median Household Income $101,698
    College Educated 59.8%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Erie County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Erie County

    Residential Income

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