Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1517 Kenmore Avenue Kenmore, NY 14217

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warehouse and office space available for lease in Kenmore.

    Type:Warehouse/Office
    Added:
    Nov 25, 2025
    Days on Market:
    127
    Last Refresh:
    Mar 29 at 11:42 pm

    Property Features for 1517 Kenmore Avenue

    General Information

    Standard status
    Active
    Property subtype
    Warehouse/Office

    We can help!

    Listing Contact
    Rick Recckio
    Rick Recckio

    Listing agent Rick Recckio License #NY #31RE0821429

    Listing office Recckio Real Estate & Development

    Listing date Nov 25, 2025

    Source Recckio

    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 Recckio Real Estate & Development

    Overview

    Kenmore Avenue Warehouse with Offices

    Approximately 5,800 square feet of space is available for lease on Kenmore Avenue, featuring a blend of warehouse and office functionalities. The property includes about 4,300 square feet of warehouse space and 1,500 square feet of office space, making it suitable for businesses needing both. The front entrance provides a common area equipped with customer seating and vending machines. The office area comprises a customer reception, five private offices, storage space, and a break room, with multiple access points to the warehouse. The warehouse is accessible through a fully fenced and gated parking lot, accommodating over 20 vehicles. Two 10-foot overhead doors provide access to the open warehouse area. A new roof was installed in 2023, and the office spaces have been recently remodeled. The rent includes electricity. Located in Kenmore, between Delaware and Elmwood Avenue, the property offers convenient access to the New York State Thruway I-190. It is also located near the Elmwood and Delaware Avenue shopping district, which features national businesses such as Target, Office Max, LA Fitness, Home Depot, Aldi Foods, Tops Friendly Supermarket, Starbucks, Khols, and Big Lots, along with other shops and restaurants. The location is centrally positioned between Buffalo State College and the University at Buffalo South Campus.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Noein Inc (Bike/Boat/Book/etc) Store Turkish Cultural Center ... Social Service Agency Superior fence & Rail General Contractor The Light Church Church 5S Bad Credit ... Loan Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Colvin Storage — 540 Colvin Ave, Buffalo, NY 14216
    • Tony Corigliano — 2208 Elmwood Ave, Buffalo, NY 14216
    • Self Storage — 2101 elmwood ave, buffalo, ny 14207
    • Near-by Self Storage Units - Buffalo, NY — 2101 Elmwood Ave, Buffalo, NY 14207
    • Mi - Box Moving & Mobile Storage — 95 Comet Ave, Buffalo, NY 14216

    Location Insight

    • Map
    • Local Demand
    City
    Kenmore
    County
    Erie
    State
    New York
    Longitude
    -78.8749
    Latitude
    42.9589

    Nearby Similar for Lease

    • Contact for pricing

      Retail Opportunity in Kenmore Village

      1.156 acre retail space in Kenmore, New York.
      2765 Delaware Ave, Kenmore, NY 14217
      View Details
    • Contact for pricing

      Prime Retail Space in Kenmore

      Highly visible retail space in the heart of Kenmore.
      2815 Delaware Avenue, Kenmore, NY 14217
      View Details
    • Contact for pricing

      Retail Space in Kenmore Village

      Retail store in the heart of Kenmore's vibrant village.
      2872 Delaware Road, Kenmore, NY 14217
      View Details
    • Contact for pricing

      Kenmore Flex Space with Drive-In

      Flex space available with drive-in door and high ceilings.
      1759 Kenmore Avenue, Kenmore, NY 14217
      View Details
    • Contact for pricing

      Retail Space in Kenmore

      2,600 SF retail suite with overhead door and basement.
      3147 Delaware Ave, Kenmore, NY 14217
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse and office space available for lease in Kenmore.
    Where is this warehouse located?
    The property is located at 1517 Kenmore Avenue Kenmore, NY.
    What are key features of this property?
    This property features: Ideal location in the heart of Kenmore, with easy access to I‑190 and proximity to Elmwood and Delaware Avenue shopping district.; **4,300+\/- SF of Warehouse Space and 1,500+\/- SF of Recently Remodeled Office Space.**; Private entrance with fully fenced and gated parking lot that can fit 20+\/- vehicles.
    (716) 998-4422
    We can help!
    Listing Contact
    Rick Recckio
    Rick Recckio
    Real Estate License ID: NY #31RE0821429
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!