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Three-Building Mixed-Use Portfolio
For Sale
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348 Ellicott St, Buffalo, NY 14203

For sale mixed-use portfolio totaling about 80,500 square feet across 1.78 acres, in a Qualified Opportunity Zone.

Property Size80,500 SF
Lot Size1.78 Acres
Days on Market69

Property Features for 348 Ellicott St

General Information

Standard status Active
Size 80,500 SF
Lot size 1.78 Acres
Property subtype Retail, Multifamily, Office, Mixed Use

Additional Details

Opportunity Zone Yes

Building Details

Buildings 7
Listing Agency: J.R. Militello Realty, Inc.
Listed By: Brittany Weber · License #10301223406
Source: Crexi
Added: Jun 29 Changed: Aug 14 Last Checked: Sep 4 at 8:28AM

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 J.R. Militello Realty, Inc.

Investment Insights

Based on property information with market context.

This offering presents the Simon Electric Portfolio, a for-sale mixed-use commercial real estate opportunity totaling approximately 80,500 square feet across 1.78 acres. The portfolio includes three buildings that are eligible for historic preservation.

The properties are located at 348 Ellicott St in Buffalo, New York, and they are within a Qualified Opportunity Zone. This positioning may be of interest to buyers evaluating redevelopment within an Opportunity Zone framework.

Across the three buildings, the portfolio is organized as a redevelopment-oriented package, with historic preservation eligibility supporting adaptive reuse and renovation planning.

Key Highlights

  • Simon Electric portfolio for sale totals approximately 80,500 SF across 1.78 acres.
  • Portfolio is located within a Qualified Opportunity Zone.
  • Includes three buildings that are eligible for historic preservation.

Property Analytics

Current Use

Phone System Services ... Telecommunications Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store HVAC Service Locksmith Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

4,681
Businesses Nearby

Demographics for 14203, NY

2,006
Population
1,712
Households
1.2
Avg Household Size
33
Median Age
43%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
716
Density / Sq Mi
$48,529
Median Household Income
$44,259
Median Earnings
$1,167
Median Rent

Market

Vacancy Rate% for Retail in Buffalo, NY

4.7% 2019
8.8% 2020
8.4% 2021
8.6% 2022
8.1% 2023
8.4% 2024
10.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - For sale mixed-use portfolio totaling about 80,500 square feet across 1.78 acres, in a Qualified Opportunity Zone.
Where is this mixed-use property located?
The property is located at 348 Ellicott St Buffalo, NY.
What are key features of this property?
This property features: Simon Electric portfolio for sale totals approximately 80,500 SF across 1.78 acres.; Portfolio is located within a Qualified Opportunity Zone.; Includes three buildings that are eligible for historic preservation.
(716) 856-2872 Call to check price and availability
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