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    1115 Main Rd Buffalo, NY 14209

    Sponsored
    For Lease
    $21 SF/Yr

    Prime Buffalo Medical Campus Office

    Lot size:
    32,211 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Class A, three-story office building, located at 1115 Main Street (corner of Old Best Street), offers 32,211 square feet of versatile space within the Buffalo Niagara Medical Campus submarket. Originally built in 1898 and extensively renovated in 2022, this historically significant building boasts a blend of modern amenities and classic charm. The property features one building situated on 2.21 acres of land and is zoned N-1C. Multiple tenancy options are available, with a minimum divisible space of 5,398 square feet and a maximum contiguous space of 6,699 square feet. Currently, 12,444 square feet is vacant and ready for immediate occupancy. The building includes elevators and is internally connected to a neighboring six-story office building at 1091 Main Street. This exceptional location within the thriving Buffalo Niagara Medical Campus offers unparalleled access to a vibrant medical community and convenient amenities. The building's recent redevelopment has thoughtfully preserved its historical character while incorporating modern functionality, creating a unique and desirable workspace. This is an excellent opportunity for businesses seeking a prestigious address in a dynamic and growing area of Buffalo, Erie County, New York.

    Property Features for 1115 Main Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,211 SF
    Class
    A
    Total Rate
    58382.44

    Building Details

    Year Built/Renovated
    1898/2022
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 100
    Size
    6,699 SF
    Rate per SF
    $21
    Space
    Suite 200
    Size
    5,754 SF
    Rate per SF
    $21

    HighLights

    • Ideally situated within Buffalo Niagara Medical Campus.
    • Excellent transit accessibility via NFTA Rail (Summer‑Best Station) and bus lines.
    • High‑visibility Main Street retail storefront.
    • Versatile ground floor space suitable for restaurant, retail, or office use.
    • Includes on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.868345695678
    Latitude
    42.903874154764

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    FAQs

    What type of property is this?
    Medical office - Prime Buffalo Medical Campus Office
    Where is this medical office located?
    The property is located at 1115 Main Rd Buffalo, NY.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Ideally situated within Buffalo Niagara Medical Campus.; Excellent transit accessibility via NFTA Rail (Summer-Best Station) and bus lines.; High-visibility Main Street retail storefront.
    Request Owner's contact information
    1115 Main Rd Buffalo, NY 14209
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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
    1115 Main Rd Buffalo, NY 14209
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