Three-Story Medical Office
For Sale
Contact for pricing
142 Bidwell Pkwy, Buffalo, NY 14222
Three-story medical office built in 1910 with remodeled interiors and exam/treatment rooms on multiple levels.
Property Size2,643 SF
Price / SF$340.52
Days on Market390
Property Features for 142 Bidwell Pkwy
General Information
Standard status
Active
Size
2,643 SF
Property subtype
OFFICE
Building Details
Year Built
1910
Buildings
1
Stories
3
Listing Agency:
CBRE | Buffalo
(716) 912-2285
Listed By:
Lida Eberz · License #10401387094
(716) 912-2285
Source:
Moodyscre
Added: Jul 8, 2025
Changed: Jul 29
Last Checked: Jul 29 at 3:50PM
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 CBRE | Buffalo
Investment Insights
Based on property information with market context.
This three-story medical office property was built in 1910 and has undergone recent remodeling, including a roof completed in 2023. The interior features hardwood floors, vintage chandeliers, built-in cabinetry, marble countertops, and French pocket doors with leaded glass. Plumbing throughout supports medical and service workflows.
The first floor is designed for patient-facing use with a reception area, kitchenette, and four exam/treatment rooms with plumbing. The second floor includes four treatment rooms with plumbing in three of them.
With its treatment-room layout and supportive finish details, the space is suited to medical office and wellness concepts such as medi spa, dermatology, massage, therapy, office use, or boutique retail.
The first floor is designed for patient-facing use with a reception area, kitchenette, and four exam/treatment rooms with plumbing. The second floor includes four treatment rooms with plumbing in three of them.
With its treatment-room layout and supportive finish details, the space is suited to medical office and wellness concepts such as medi spa, dermatology, massage, therapy, office use, or boutique retail.
Key Highlights
- Roof completed in 2023
- Built in 1910; three‑story medical office property
- 2,643 SF converted residence
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.9k | $20.40 |
| − Vacancy | −$10.0k | −$3.77 |
| EGI | $43.9k | $16.63 |
| − OpEx | −$11.0k | −$4.16 |
| NOI | $33.0k | $12.47 |
2,643 SF · lease $20.40/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$470.8K
$412.0K – $549.3K
NOI $32,957 @ 7.0% cap · market cap 3.66%
Second Best
Healthcare Medical
$450.2K
$393.9K – $525.2K
NOI $31,513 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$635.6K
$556.1K – $741.5K
NOI $44,491 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,092
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14222, NY
13,629
Population
7,355
Households
1.9
Avg Household Size
32
Median Age
63%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
11,358
Density / Sq Mi
$83,692
Median Household Income
$50,045
Median Earnings
$1,168
Median Rent
$408,100
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?
Medical Office Space - Three-story medical office built in 1910 with remodeled interiors and exam/treatment rooms on multiple levels.
Where is this medical office space located?
The property is located at 142 Bidwell Pkwy Buffalo, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Roof completed in 2023; Built in 1910; three‑story medical office property; 2,643 SF converted residence
