Renovated Corner Commercial
For Lease
Contact for pricing
471 Elmwood Ave, Buffalo, NY 14222
First-floor commercial space in Elmwood Village, Buffalo, NY.
Space Size1,178 SF
Property Size16,560 SF
Days on Market1251
Property Features for 471 Elmwood Ave
General Information
Standard status
Active
Size
1,178 SF
Property subtype
Retail
Lease Type
Modified Gross
Building Details
Building Size
16,560 SF
Year Built
1910
Tenancy
Multiple
Spaces For Lease
at 471 Elmwood Ave Contact us- Size
- 1,178 SF
- Type
- Retail
- Lease Type
- Modified Gross
- Availability
- Active
Available Space 1
Listing Agency:
Donovan Real Estate Services
(585) 703-3888
Listed By:
Joseph Jacobi, Jr. · License #NY 10401256164
Source:
Crexi
Added: Mar 22, 2023
Changed: Aug 7
Last Checked: Aug 20 at 10:29PM
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 Donovan Real Estate Services
Investment Insights
Based on property information with market context.
A newly renovated building features first-floor corner commercial spaces available for lease. The building also offers a basement with storage for the commercial space. Off-street parking is available in the rear of the building, with additional parking on the street and at the parking garage located at 489 Elmwood. The available building is located on a corner in the Elmwood Village, a popular neighborhood in the city of Buffalo, NY. Elmwood Village is bordered by Buffalo State College campus and Delaware Park, a historic park system designed by Frederick Law Olmsted. Elmwood Village is home to numerous local bars, restaurants, and shops, as well as several national retailers including Starbucks, Bank of America, M&T Bank, and Panera. As one of Upstate New York's most popular neighborhoods, Elmwood Village has a population of highly educated young working professionals.
Key Highlights
- First‑floor corner commercial space in Elmwood Village.
- Newly renovated building.
- Off‑street parking available.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,370
Businesses Nearby
Explore this area
Business Placement
Demographics for 14222, NY
13,629
Population
7,355
Households
1.9
Avg Household Size
32
Median Age
63%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
11,358
Density / Sq Mi
$83,692
Median Household Income
$50,045
Median Earnings
$1,168
Median Rent
$408,100
Median Home Value
Market
Lease Benchmarks for Buffalo, NY
$16.19 /SF/Yr
Avg Asking Price
$6.66–$26.51 /SF/Yr
Price Range
12,352 SF
Avg Space Size
This space is priced 54% above the average of $16.19 /SF/Yr.
Vacancy Rate% for Retail in Buffalo, NY
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Frequently Asked Questions
What type of property is this?
Retail space - First-floor commercial space in Elmwood Village, Buffalo, NY.
Where is this retail space located?
The property is located at 471 Elmwood Ave Buffalo, NY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: First‑floor corner commercial space in Elmwood Village.; Newly renovated building.; Off‑street parking available.
