First-Floor Retail and Office
For Lease
$15 SF/Yr
450 S Park Ave, Buffalo, NY 14204
New construction first-floor space fronting South Park Ave for retail or office uses supporting a large residential development.
Space Size500 SF - 8,000 SF
Property Size13,000 SF
Days on Market83
Property Features for 450 S Park Ave
General Information
Standard status
Active
Size
500 SF - 8,000 SF
Class
B
Property subtype
Office - General Office
Building Details
Building Size
13,000 SF
Year Built
2025
Units
4
Spaces For Lease
at 450 S Park Ave Contact us- Size
- 2,500 SF
- Type
- General Office
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
1 $15/SF/Yr
- Size
- 500 SF
- Type
- General Office
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
2 $15/SF/Yr
- Size
- 2,000 SF
- Type
- General Office
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
3 $15/SF/Yr
- Size
- 8,000 SF
- Type
- General Office
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
4 $15/SF/Yr
Listing Agency:
HUNT Commercial
(716) 392-8284
Listed By:
Ronald G. Tronolone · License #10401323713
Source:
Commercialcafe
Added: Jun 3
Changed: Aug 23
Last Checked: Aug 23 at 2:10PM
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 HUNT Commercial
Investment Insights
Based on property information with market context.
This new construction mixed-use development includes first-floor retail or office space designed to front South Park Ave. The project is being built as part of the Perry Homes Redevelopment Project and is planned to serve a larger residential community of 1,000 units across 27 buildings. The offering is currently under construction, with availability beginning January 2026.
The property is located in Buffalo’s 1st Ward within the Commodore Perry Homes community. Public remarks indicate the development is about three blocks from downtown Buffalo, and that South Park Ave is near Hamburg St.
The layout is intended to support tenants seeking prominent, street-facing frontage in a combined commercial and residential environment. Retail and office options are both listed for the first-floor spaces, which can be a practical fit for operators looking to serve residents within the adjacent redevelopment as well as passersby along South Park Ave. This availability start aligns with businesses planning for the next construction cycle beginning January 2026.
The property is located in Buffalo’s 1st Ward within the Commodore Perry Homes community. Public remarks indicate the development is about three blocks from downtown Buffalo, and that South Park Ave is near Hamburg St.
The layout is intended to support tenants seeking prominent, street-facing frontage in a combined commercial and residential environment. Retail and office options are both listed for the first-floor spaces, which can be a practical fit for operators looking to serve residents within the adjacent redevelopment as well as passersby along South Park Ave. This availability start aligns with businesses planning for the next construction cycle beginning January 2026.
Key Highlights
- New construction in the Perry Homes Redevelopment Project
- First‑floor retail or office space fronting South Park Ave
- Project is planned to serve 1,000 residential units across 27 buildings
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
Explore this area
Business Placement
Demographics for 14204, NY
9,026
Population
5,514
Households
1.6
Avg Household Size
40
Median Age
16%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
5,014
Density / Sq Mi
$26,000
Median Household Income
$31,707
Median Earnings
$814
Median Rent
$151,700
Median Home Value
Market
Lease Benchmarks for Buffalo, NY
$15.61 /SF/Yr
Avg Asking Price
$1.35–$36 /SF/Yr
Price Range
6,821 SF
Avg Space Size
This space is priced 4% below the average of $15.61 /SF/Yr.
Vacancy Rate% for Office in Buffalo, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - New construction first-floor space fronting South Park Ave for retail or office uses supporting a large residential development.
Where is this office units located?
The property is located at 450 S Park Ave Buffalo, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: New construction in the Perry Homes Redevelopment Project; First‑floor retail or office space fronting South Park Ave; Project is planned to serve 1,000 residential units across 27 buildings
