Mixed-Use Property with Development
New
For Sale
$1,500,000
505 Delaware Ave, Buffalo, NY 14202
Combined office and residential development offering with approved plans and established medical, retail, and dining surroundings.
Property Size15,704 SF
Lot Size0.52 Acres
Price / SF$78.73
Days on Market4
Property Features for 505 Delaware Ave
General Information
Standard status
Active
Size
15,704 SF
Total Parking Spaces
34
Lot size
0.52 Acres
Additional Details
Road Access
Yes
Building Details
Year Built
1900
Buildings
1
Stories
3
Building Size
15,704 SF
Abandoned
No
Listing Agency:
Donovan Real Estate Services
(716) 689-7800
Listed By:
Joseph J. Jacobi Jr. · License #10401256164
Source:
Skinnercnyrealty
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 28 at 12:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Donovan Real Estate Services
Investment Insights
Based on property information with market context.
This mixed-use offering combines a functioning three-story office building at 505 Delaware Ave with an approved development site at 515 Delaware Ave. The existing 15,704 SF building dates to 1900 and includes 34 on-site parking spaces. Its current office configuration supports continued occupancy, while the second component adds a defined residential development path.
Approved plans call for a 5-story, 9,758 GSF mixed-use building with 40 market-rate apartments. The properties are positioned along Delaware Ave between Allen Street and Virginia Street in Buffalo’s Allentown District. Nearby destinations named in the offering include Buffalo General Medical Center, Roswell Park, the Theater District, and the Buffalo Niagara Medical Campus, with law firms, medical practices, boutique retail, restaurants, Tim Hortons, and Walgreens also in the surrounding area.
Approved plans call for a 5-story, 9,758 GSF mixed-use building with 40 market-rate apartments. The properties are positioned along Delaware Ave between Allen Street and Virginia Street in Buffalo’s Allentown District. Nearby destinations named in the offering include Buffalo General Medical Center, Roswell Park, the Theater District, and the Buffalo Niagara Medical Campus, with law firms, medical practices, boutique retail, restaurants, Tim Hortons, and Walgreens also in the surrounding area.
Key Highlights
- 15,704 SF three‑story office building at 505 Delaware Ave
- 34 on‑site parking spaces included with the office building
- Approved plans for a 5‑story, 9,758 GSF mixed‑use building
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 14202, NY
3,850
Population
2,452
Households
1.6
Avg Household Size
38
Median Age
45%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
4,278
Density / Sq Mi
$47,990
Median Household Income
$36,936
Median Earnings
$709
Median Rent
$495,800
Median Home Value
Market
Vacancy Rate% for Office in Buffalo, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined office and residential development offering with approved plans and established medical, retail, and dining surroundings.
Where is this mixed-use property located?
The property is located at 505 Delaware Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 15,704 SF three‑story office building at 505 Delaware Ave; 34 on‑site parking spaces included with the office building; Approved plans for a 5‑story, 9,758 GSF mixed‑use building
