Mixed-Use Building with
For Sale
$384,900
3700 Seneca Street, Buffalo, NY 14224
CommercialSale, Buffalo, NY
Property Size3,397 SF
Lot Size0.49 Acres
Price / SF$113.31
Days on Market140
Property Features for 3700 Seneca Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C-1
Zoning description
Business
Rooms
Basement
Parking
7
Lot features
Rectangular, Rectangular Lot
Elementary school district
West Seneca
Middle school district
West Seneca
High school district
West Seneca
Directions
Union Road to Seneca Street (nearest cross street is Hilldale Avenue)
Subdivision
West Seneca-146800
Standard status
Active
APN
146800-143-070-0001-026-000
Size
3,397 SF
Lot size
0.49 Acres
Additional Details
Property Use
Office
Condition
Turnkey
Taxes and HOA fees
Tax Annual Amount
10290
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
in-unit laundry
basement storage
Building Details
Year built
1964
Floors in Building
2
Flooring type
Carpet, Vinyl, Linoleum, Hardwood, Varies
Building materials
Brick, Masonry, Concrete, WoodSiding
Roof type
Asphalt, Shingle
Buildings
1
Listing Agency:
Keller Williams Realty Lancaster
(716) 324-2300
Listed By:
Ryan Daley · License #10301215815
(716) 949-5189
Added: Jun 11
Changed: Oct 26
Last Checked: Oct 28 at 10:06AM
MLS# B1684151
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 3700 Seneca Street, this 3,397-square-foot mixed-use building combines professional office space with a renovated two-bedroom apartment. The lower level includes three designated offices, a waiting area, reception and support areas, a full bath, and a kitchenette. The residential level features an updated kitchen with stainless appliances, a combined living and dining room, in-unit laundry and utility room, renovated full bath, and closet storage.
The full basement provides additional storage and houses the building’s mechanical systems. Property improvements include a brick and masonry exterior, poured concrete foundation, upgraded electrical service, a high-efficiency furnace serving the apartment, and an architectural roof installed in 2018. Seven-plus designated parking spaces, expansion room, and a detached two-car garage add on-site parking and storage capacity. The property is zoned C-1 and sits on 0.49 acres.
The full basement provides additional storage and houses the building’s mechanical systems. Property improvements include a brick and masonry exterior, poured concrete foundation, upgraded electrical service, a high-efficiency furnace serving the apartment, and an architectural roof installed in 2018. Seven-plus designated parking spaces, expansion room, and a detached two-car garage add on-site parking and storage capacity. The property is zoned C-1 and sits on 0.49 acres.
Key Highlights
- 3,397 SF mixed‑use building at 3700 Seneca Street
- Lower level includes 3 offices, waiting room, reception area, full bath, and kitchenette
- Renovated 2‑bedroom apartment with updated kitchen and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,046
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,920
$620.9K
Cap Rate 7%
$443,514
$443.5K
Cap Rate 9%
$344,956
$345.0K
Market Conditions
NOI Build-Up for 3,397 SF
Gross rent
$59.1K $17.40/SF
− Vacancy
−$2.7K −$0.78/SF
EGI
$56.4K $16.62/SF
− OpEx
−$25.4K −$7.48/SF
NOI
$31.0K $9.14/SF
Area
Buffalo, NY
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,920
Cap Rate 7%
$443,514
Cap Rate 9%
$344,956
Alternative Uses
Best Use
Office B
$605.1K
$529.5K – $706.0K
NOI $42,359 @ 7.0% cap · market cap 11.01%
Second Best
Mixed Use
$524.1K
$458.6K – $611.5K
NOI $36,688 @ 7.0% cap · market cap 9.53%
Theoretical Best
Office A
$816.9K
$714.8K – $953.1K
NOI $57,184 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Explore this area
Business Placement
Demographics for 14224, NY
40,736
Population
19,286
Households
2.1
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,017
Density / Sq Mi
$76,250
Median Household Income
$49,824
Median Earnings
$1,077
Median Rent
$219,800
Median Home Value
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Market
Vacancy Rate% for Office in Buffalo, NY
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick commercial property combines professional office space, a renovated apartment, basement storage, and dedicated parking.
Where is this mixed-use property located?
The property is located at 3700 Seneca Street Buffalo, NY.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: 3,397 SF mixed‑use building at 3700 Seneca Street; Lower level includes 3 offices, waiting room, reception area, full bath, and kitchenette; Renovated 2‑bedroom apartment with updated kitchen and in‑unit laundry
