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    547 Elmwood Ave Buffalo, NY 14222

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    For Lease
    $15 SF/Yr ($12,500 /Mo)

    Turnkey retail or restaurant space in a popular neighborhood.

    Property size:
    10,000 SF
    Lot size:
    10,000 SF

    Property Features for 547 Elmwood Ave

    General Information

    Size
    10,000 SF

    Source: Brian Donovan Agent Brian Donovan

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

    Overview

    Elmwood Village Retail or Restaurant

    This 2,225 square foot space is available for lease and is currently built out as a cafe and retail space, featuring coolers, a service/prep area, and table seating. The floorplan and neighborhood can accommodate various retail and restaurant concepts. Located on a corner in Elmwood Village, a popular neighborhood in Buffalo, New York, the building is near Buffalo State College and Delaware Park. Elmwood Village features local bars, restaurants, and shops, alongside national retailers such as Starbucks, Bank of America, M&T Bank, and Panera. Elmwood Village is home to a population of highly educated young working professionals. The lease is NNN, with nets at $864 per month. The space is in turnkey condition.
    Location Intelligence

    Current Use by Public Records

    The Cereal Spot Cafe

    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
    -78.876685
    Latitude
    42.9117744

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    FAQs

    What type of property is this?
    Retail space - Turnkey retail or restaurant space in a popular neighborhood.
    Where is this retail space located?
    The property is located at 547 Elmwood Ave Buffalo, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Located in the highly desirable Elmwood Village, a popular neighborhood in Buffalo, NY.; - Turnkey condition, currently built out as a cafe and retail space, ready for immediate occupancy.; - Versatile space suitable for a variety of retail or restaurant concepts.
    (716) 998-2943
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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
    547 Elmwood Ave Buffalo, NY 14222
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