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Elevator-Served Medical Office Space

2949 Elmwood Avenue, Buffalo, NY 14217

For Lease
New
$1,300/Mo

Five available suites offer flexible layouts for professional and medical practices, with owner-approved tenant updates permitted.

Space SizeContact for details
Property Size8,828 SF
Days on Market2

Property Features for 2949 Elmwood Avenue

General Information

Standard status Active
Size 8,828 SF
Total Parking Spaces 30
Elevators Yes
Zoning TND, Commercial

Space & Availability

Space Use Medical Office
Sublease No
Available From Immediate

Lease Terms

Lease Rate $1,300 /MO
Monthly Rent $1,300

Site & Location

Neighborhood North Delaware
Utilities to Site Yes

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $12,851

Amenities

ADA compliant
automatic-opening front entrance
solid mechanical systems

Building Details

Building Size 8,828 SF
Year Built 1980
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Iconic Real Estate
Listed By: Ayat Nieves · License #10401247677
Source: Geracerealty
Added: Nov 8 Last Checked: Nov 8 at 3:40PM

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 Iconic Real Estate

Rey
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Investment Insights

Based on property information with market context.

This medical office property contains 8,828 square feet and was built in 1980. Suites 101, 102, 202, 203, and 204 are available for lease. The layouts can accommodate office, medical, or specialized service uses, and tenants may make changes with the owner's approval. The building has elevator access, an automatic-opening entrance, and ADA-compliant features. Separate utility configurations are available, and the site includes parking for up to 30 vehicles.

The property is across from Kenmore Mercy Hospital on Elmwood Avenue. It is zoned TND, Commercial.

Key Highlights

  • Five available suites: 101, 102, 202, 203, and 204
  • 8,828‑square‑foot medical office property built in 1980
  • Across from Kenmore Mercy Hospital on Elmwood Avenue

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr. Sadashiv S. ... Physician Twin City Physicians ... Medical Clinic H Koritz Pain ... Physician Dr. Nikhil C. ... Physician Oddo Joseph R Physician

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Law Firm Building Supply Garden Center

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$0.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby
Under-served
Demand for This Use

Demographics for 14217, NY

23,085
Population
11,280
Households
2
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
7,214
Density / Sq Mi
$72,205
Median Household Income
$51,075
Median Earnings
$970
Median Rent
$193,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Buffalo, NY

$14.88 /SF/Yr
Avg Asking Price
$2.5–$22 /SF/Yr
Price Range
8,396 SF
Avg Space Size

This space is priced 88% below the average of $14.88 /SF/Yr.

Properties on Market for Medical Office Space in Buffalo

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Buffalo, NY

15.4% 2019
16.5% 2020
16.5% 2021
18.5% 2022
18.2% 2023
21.1% 2024
21% 2025

Similar Off Market Nearby

  • Kenmore Animal Hospital — 3140 delaware ave, kenmore, ny 14217
  • Banfield — 1491 Sheridan Dr, Buffalo, NY 14217

Frequently Asked Questions

What type of property is this?
Medical Office Space - Five available suites offer flexible layouts for professional and medical practices, with owner-approved tenant updates permitted.
Where is this medical office space located?
The property is located at 2949 Elmwood Avenue Buffalo, NY.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: Five available suites: 101, 102, 202, 203, and 204; 8,828‑square‑foot medical office property built in 1980; Across from Kenmore Mercy Hospital on Elmwood Avenue
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