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Renovated Conventional Restaurant
For Lease
$4,500/Mo

708 Elmwood Ave, Buffalo, NY 14222

Full-service kitchen, enclosed heated patio, and on-site parking support restaurant operations.

Space SizeContact for details
Days on Market28

Property Features for 708 Elmwood Ave

General Information

Standard status Active

Space & Availability

Space Use Restaurant
Furnished Yes

Lease Terms

Lease Rate $4,500 /USD/MO
Monthly Rent $4,500

Restaurant

Patio Yes
Equipment Included Yes
Listing Agency: Gurney Becker & Bourne
Listed By: Carmelo A Parlato · License #10401209029
Source: Exprealty
Added: Jul 20 Changed: Aug 16 Last Checked: Aug 16 at 6:17AM

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 Gurney Becker & Bourne

Investment Insights

Based on property information with market context.

This 1,800-square-foot restaurant at 708 Elmwood Ave in Buffalo, NY has been renovated and is offered with its furnishings and operating equipment. The interior accommodates 35 seats, while the patio adds 12 more. Radiant heating and a retractable enclosure extend the patio’s usability, and the front entry can open across the facade toward Elmwood Ave.

The kitchen is configured for full-service preparation, with a dedicated prep area and cooking line. Included equipment consists of ovens, refrigeration, a walk-in cooler, a walk-in freezer, a draft cooler, an air filtration and purification system, and a dishwasher. On-site parking accommodates 8-10 cars. An inventory list is available for the included contents.

Key Highlights

  • 1,800‑square‑foot renovated restaurant at 708 Elmwood Ave, Buffalo, NY
  • 35 interior seats with 12 additional patio seats
  • Patio includes radiant heat and a retractable enclosure

Property Analytics

Current Use

Newbury Restaurant The Space at 708 Restaurant Parivaar Pub Restaurant Acropolis OPA Restaurant

Suggested Use

Top Pick Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Acupuncture Locksmith

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

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,829
Businesses Nearby
Under-served
Demand for This Use

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

$321 /SF/Yr
Avg Asking Price
$5.5–$985 /SF/Yr
Price Range
6,699 SF
Avg Space Size

This space is priced 91% below the average of $321 /SF/Yr.

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?
Conventional restaurant - Full-service kitchen, enclosed heated patio, and on-site parking support restaurant operations.
Where is this conventional restaurant located?
The property is located at 708 Elmwood Ave Buffalo, NY.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 1,800‑square‑foot renovated restaurant at 708 Elmwood Ave, Buffalo, NY; 35 interior seats with 12 additional patio seats; Patio includes radiant heat and a retractable enclosure
More about this property
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