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Multi-Space Retail Office Building
For Lease
$14 SF/Yr

2351 Bowen Rd, Elma, NY 14059

Two available office/retail spaces include a larger unit and a smaller single-office suite.

Days on Market11

Property Features for 2351 Bowen Rd

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1970
Listing Agency:
Listed By: Gary J DeCarlo
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 2 at 1:06PM

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 Gary J DeCarlo

Investment Insights

Based on property information with market context.

The property offers two separate office/retail spaces that can be leased individually. One space is approximately 1,500 square feet, while the second space is approximately 500 square feet and may work well for a single office use.

Walk and bike access are limited, with a walk score of 31 (car-dependent) and a bike score of 34 (somewhat bikeable).

Tenants seeking flexible office-and-retail options should review the available unit sizes to determine the best fit for their operating needs.

Key Highlights

  • Two office/retail spaces available: approx. 1,500 SF and approx. 500 SF
  • Second suite is approx. 500 SF, suitable for a single office use
  • Year built: 1970

Property Analytics

Current Use

Just Pizza & Wing ... Restaurant Kelly’s Fitness Corner Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Repair Shop Hair Salon Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

Demographics for 14059, NY

9,280
Population
3,803
Households
2.4
Avg Household Size
51
Median Age
42%
College-Educated
97%
High-School Grad
26.9 sq mi
ZIP Area
345
Density / Sq Mi
$101,698
Median Household Income
$60,569
Median Earnings
$1,316
Median Rent
$323,800
Median Home Value

Market

Lease Benchmarks for Elma, NY

$11.32 /SF/Yr
Avg Asking Price
$10.45–$13.33 /SF/Yr
Price Range
1,730 SF
Avg Space Size

This space is priced 24% above the average of $11.32 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two available office/retail spaces include a larger unit and a smaller single-office suite.
Where is this office units located?
The property is located at 2351 Bowen Rd Elma, NY.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Two office/retail spaces available: approx. 1,500 SF and approx. 500 SF; Second suite is approx. 500 SF, suitable for a single office use; Year built: 1970
More about this property
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