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Elmwood Avenue Development Opportunity
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1941 Elmwood Ave, Buffalo, NY 14207

Prime location for multi-tenant retail, office, warehouse, or industrial development.

Property SizeContact for details
Days on Market858

Property Features for 1941 Elmwood Ave

General Information

Standard status Active
Property subtype Land
Zoning D-S
Listing Agency: Ellicott Development
Listed By: Sarah Couch · License #NY
Source: Crexi
Added: Apr 16, 2024 Changed: Aug 15 Last Checked: Aug 20 at 5:39PM

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 Ellicott Development

Investment Insights

Based on property information with market context.

Located along Elmwood Avenue, this property presents a development opportunity for multi-tenant retail, office, warehouse, or industrial buildings. The location, situated between Hertel Avenue and Kenmore Avenue, offers visibility and potential for business growth. Proximity to Peace Bridge, I-190, and NYS Route 198 facilitates transportation connections.

Key Highlights

  • Prime location on Elmwood Avenue between Hertel and Kenmore Avenues.
  • High visibility for attracting customers and business growth.
  • Development potential for multi‑tenant retail, office, warehouse, or industrial building.

Property Analytics

Current Use

Hyatt's - All Things ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

1,299
Businesses Nearby

Demographics for 14207, NY

26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
Median Home Value

Market

Vacancy Rate% for Office in Buffalo, NY

15.4% 2019
16.5% 2020
16.5% 2021
18.5% 2022
18.2% 2023
21.1% 2024
21% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime location for multi-tenant retail, office, warehouse, or industrial development.
Where is this commercial land located?
The property is located at 1941 Elmwood Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Prime location on Elmwood Avenue between Hertel and Kenmore Avenues.; High visibility for attracting customers and business growth.; Development potential for multi‑tenant retail, office, warehouse, or industrial building.
More about this property
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