Mixed-Use Medical Office and
3911 MAIN ST Buffalo, NY 14226
3911 MAIN ST, Buffalo, NY, 14226
$849,000
For Sale
$849,000
Former doctor’s office with two residential units, including one occupied rental and one vacant unit.
Property Size4,627 SF
Price / SF$183.49
Days on Market391
Property Features for 3911 MAIN ST
General Information
- Standard status
- Active
- Size
- 4,627 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1900
Listing agency
Howard Hanna WNY Inc.
(267) 467-2442
Listed by
Cheyenne Castro-Santos
(267) 467-2442
Source
Xome
Added: Jun 28, 2025 Updated: Jul 23 at 4:04AM Checked: Jul 23 at 4:04AM
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 Howard Hanna WNY Inc.
Investment Insights
Based on property information with market context.
This mixed-use property at 3911 Main St in Buffalo includes former medical office space along with two residential rental units. The commercial area was previously operated as a doctor’s office and is available for medical use again or other business conversions. One residential unit is currently occupied and generating income, and the second unit is vacant and ready for a new tenant or renovation.
Recent updates include an extension of the first floor, a new parking lot, a new boiler, new steel doors in the basement, and new stairs with wheelchair access, completed during the doctor’s office build-out. The property is also listed for lease under ML# B1610448.
Recent updates include an extension of the first floor, a new parking lot, a new boiler, new steel doors in the basement, and new stairs with wheelchair access, completed during the doctor’s office build-out. The property is also listed for lease under ML# B1610448.
Key Highlights
- Former doctor’s office building with mixed‑use flexibility for commercial and residential income
- Two residential rental units: one currently occupied and one vacant and ready for a new tenant
- Updates include extended 1st floor, new parking lot, new boiler, and new steel doors in the basement
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.4k | $20.40 |
| − Vacancy | −$17.5k | −$3.77 |
| EGI | $76.9k | $16.63 |
| − OpEx | −$19.2k | −$4.16 |
| NOI | $57.7k | $12.47 |
4,627 SF · lease $20.40/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$824.2K
$721.2K – $961.6K
NOI $57,696 @ 7.0% cap · market cap 6.80%
Second Best
Healthcare Medical
$788.1K
$689.6K – $919.5K
NOI $55,169 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.11M
$973.6K – $1.30M
NOI $77,889 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Robert S. LaMantia, ...
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Former doctor’s office with two residential units, including one occupied rental and one vacant unit.
Where is this mixed-use property located?
The property is located at 3911 MAIN ST Buffalo, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Former doctor’s office building with mixed‑use flexibility for commercial and residential income; Two residential rental units: one currently occupied and one vacant and ready for a new tenant; Updates include extended 1st floor, new parking lot, new boiler, and new steel doors in the basement
