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    560 Delaware Ave Buffalo, NY 14202

    Sponsored
    For Sale
    $3,500,000

    42,130 SF Office Building, Buffalo, NY

    Property size:
    42,130 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional four-story, 42,130-square-foot office building at 560 Delaware Avenue in Buffalo, New York, is offered for sale at $3,500,000. Built in 1959, this Class B property boasts 41,019 square feet of net rentable space, currently at 53% occupancy. The building sits on a 0.47-acre lot and features 55 secured on-site parking spaces, a significant advantage in a high-traffic area. The property is zoned N-2C and benefits from abundant natural light and high ceilings throughout. Its prime location in the vibrant Allentown neighborhood provides excellent visibility and convenient access, surrounded by a mix of residential and commercial spaces, including restaurants, small businesses, and professional offices. High daytime vehicle and foot traffic contribute to strong potential for increased occupancy and rental income. Secured entrances enhance the safety and security of the building and its occupants. This versatile property is suitable for a variety of office uses, including executive, medical, and traditional office spaces, presenting a compelling investment opportunity in a thriving Buffalo neighborhood.

    Property Features for 560 Delaware Ave

    General Information

    Property type
    Medical offices
    Square Feet
    42,130 SF
    Class
    B
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1959
    Buildings
    1
    Stories
    4

    HighLights

    • High daytime vehicle traffic.
    • High daytime pedestrian traffic.
    • 55 secured on‑site parking spaces.
    • Abundant natural light.
    • High ceilings.
    • Secured building entrances.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ruh Agency Inc Insurance Agency Person Centered Services Disability Services And Support Organization Service Bridges, Inc. Translation Service McGuire Management & Consulting Consultant Braclaire Management, LLC Business Management Consultant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.873930224853
    Latitude
    42.899408172764

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    FAQs

    What type of property is this?
    Medical office - 42,130 SF Office Building, Buffalo, NY
    Where is this medical office located?
    The property is located at 560 Delaware Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: High daytime vehicle traffic.; High daytime pedestrian traffic.; 55 secured on-site parking spaces.
    Request Owner's contact information
    560 Delaware Ave Buffalo, NY 14202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    560 Delaware Ave Buffalo, NY 14202
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