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    424 Elmwood Ave Buffalo, NY 14222

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    For Lease
    $14 SF/Yr ($9,917 /Mo)

    8,500 SF retail space in walkable Elmwood Village.

    Property size:
    8,501 SF
    Lot size:
    0.43 Acres

    Property Features for 424 Elmwood Ave

    General Information

    Size
    8,501 SF
    Lot size
    0.43 Acres

    Source: Caliber Commercial Brokerage, LLC Agent Daniel Bosio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elmwood Village Retail Space Available

    An 8,500 square foot retail space is available for lease. The building can be demised for the right tenants. Located in Buffalo’s Elmwood Village, an area known for high foot traffic and named one of America’s 10 Great Neighborhoods, the property is surrounded by over 200 shops, cafés, galleries, and pubs. The space is turnkey-ready with flexible layout potential and is ideal for retail, café, gallery, or boutique concepts.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy Kim C. Tran, ... Pharmacy Kathy Ann Pokigo, ... Pharmacy Rite Aid Drug Store Amazon Locker - Mariya Mailing Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8776027
    Latitude
    42.908712

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    FAQs

    What type of property is this?
    Retail space - 8,500 SF retail space in walkable Elmwood Village.
    Where is this retail space located?
    The property is located at 424 Elmwood Ave Buffalo, NY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - High foot traffic location in Elmwood Village; - Located in one of America’s 10 Great Neighborhoods; - Surrounded by 200+ shops, cafés, galleries & pubs
    (248) 872-4654
    Request Owner's contact information
    424 Elmwood Ave Buffalo, NY 14222
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    Buffalo, NY 14222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    424 Elmwood Ave Buffalo, NY 14222
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