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Renovated Restaurant with Heated Patio
For Lease
$4,500/Mo

708 Elmwood Avenue, Buffalo, NY 14222

CommercialLease, Buffalo, NY

Space SizeContact for details
Lot Size0.11 Acres
Days on Market48

Property Features for 708 Elmwood Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning C02
Zoning description Business
Rooms Basement
Parking 7
Parking features Paved or Surfaced
Lot features Irregular Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions Elwood between W.Ferry and Breckenridge
Subdivision Buffalo City-140200
Standard status Active
APN 140200-100-290-0003-012-000
Size 1,800 SF
Lot size 0.11 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air, Radiant
Cooling system Central Air

Building Details

Year built 1900
Floors in Building 1
Number of units 1
Roof type Asphalt
Listing Agency: Gurney Becker & Bourne
Listed By: Carmelo A Parlato · License #10401209029
Added: Jul 20 Changed: Sep 1 Last Checked: Sep 5 at 11:06AM
MLS# B1699950

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.

Investment Insights

Based on property information with market context.

This 1,800-square-foot restaurant at 708 Elmwood Avenue includes a dining area with capacity for 35 guests, plus 12 additional seats on the patio. The enclosed patio features radiant heat, and the front entry can open across the facade to connect the interior and exterior areas. A full-service kitchen includes a preparation area and cooking line, with contents included in the lease. Equipment includes ovens, refrigeration, a walk-in cooler, walk-in freezer, draft cooler, dishwasher, tables, chairs, and an air filtration and purification system.

The property includes 8-10 paved parking spaces and is served by public sewer. Building systems include natural gas, forced-air, and radiant heating, along with central air conditioning. The 1900 building has an asphalt roof and a basement.

Key Highlights

  • 1,800‑square‑foot restaurant with 35‑seat interior dining area
  • Patio adds 12 seats and includes radiant heat with a retractable enclosure
  • Full‑service kitchen with preparation area and cooking line

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

Yes
Paved road access
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

$275 /SF/Yr
Avg Asking Price
$12.92–$985 /SF/Yr
Price Range
5,964 SF
Avg Space Size

This space is priced 89% below the average of $275 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full-service kitchen, included equipment, and seating for 35 support restaurant operations.
Where is this conventional restaurant located?
The property is located at 708 Elmwood Avenue 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 restaurant with 35‑seat interior dining area; Patio adds 12 seats and includes radiant heat with a retractable enclosure; Full‑service kitchen with preparation area and cooking line
More about this property
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