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    477 Elmwood Ave Buffalo, NY 14222

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    For Lease
    $25 SF/Yr ($9,964 /Mo)

    Newly renovated corner retail space in vibrant Elmwood Village.

    Property size:
    4,783 SF
    Lot size:
    4,783 SF

    Property Features for 477 Elmwood Ave

    General Information

    Size
    4,783 SF

    Source: Brian Donovan Agent Brian Donovan

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

    Overview

    Elmwood Village Corner Retail Space

    This newly renovated building features a first-floor corner commercial space available for lease, complemented by basement storage. Off-street parking is provided at the rear of the building, with additional parking options available on the street and in the parking garage at 489 Elmwood. Situated on a corner lot within Elmwood Village, a popular and walkable neighborhood in Buffalo, NY, the building benefits from its location bordered by Buffalo State College campus and Delaware Park. Elmwood Village is characterized by a mix of local bars, restaurants, and shops, alongside national retailers such as Starbucks, Bank of America, M&T Bank, and Panera. The property offers building signage and is positioned within a vibrant area known for its population of highly educated young working professionals. The property size is 4783 square feet.
    Location Intelligence

    Current Use by Public Records

    Buffalo Dryer Repair Appliance Repair 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
    -78.8768317
    Latitude
    42.9100909

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    FAQs

    What type of property is this?
    Retail space - Newly renovated corner retail space in vibrant Elmwood Village.
    Where is this retail space located?
    The property is located at 477 Elmwood Ave Buffalo, NY.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Located in the highly desirable Elmwood Village neighborhood.; - Newly renovated building.; - First-floor corner commercial space.
    (716) 998-2943
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    477 Elmwood Ave 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
    477 Elmwood Ave Buffalo, NY 14222
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