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3218 Lake Shore Rd, Buffalo, NY 14219

1600 SF units available in central location.

Space Size1,600 SF
Property Size16,004 SF
Days on Market663

Property Features for 3218 Lake Shore Rd

General Information

Standard status Active
Size 1,600 SF
Class B
Property subtype Retail, Office
Lease Type Full Service

Building Details

Building Size 16,004 SF
Year Built 1930
Tenancy Multiple

Spaces For Lease

at 3218 Lake Shore Rd Contact us

Available Space 1

Size
1,600 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Available Space 2

Size
1,600 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Hanna Commercial Real Estate Buffalo
Listed By: Richard Wadsworth · License #10401370901
Source: Crexi
Added: Nov 7, 2024 Changed: Aug 17 Last Checked: Aug 25 at 2:38PM

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 Hanna Commercial Real Estate Buffalo

Investment Insights

Based on property information with market context.

This property offers 1600 SF units available for rent. The lease is full service, with the tenant responsible for internet costs. The location is central, situated on the main road leading into downtown. The property benefits from high visibility and includes utilities. A large parking lot is available. The location is less than 10 minutes from downtown. The units feature high ceilings and are surrounded by professional tenants. This property is suitable for retail or office use.

Key Highlights

  • Central location on Main road into Downtown
  • Full service lease, utilities included
  • Large parking lot

Property Analytics

Current Use

Systems Technology Group Corporate Office Balanced Beams Learning ... Daycare Center BCTGM Local 36G Advocacy Group Nickel City Sweat Gym & Fitness Center Savage IT Computer ... Vocational School

Suggested Use

Top Pick Electrical Service Real Estate Agency Grocery & Convenience Store Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby

Demographics for 14219, NY

11,593
Population
5,612
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
94%
High-School Grad
6.9 sq mi
ZIP Area
1,680
Density / Sq Mi
$75,465
Median Household Income
$45,957
Median Earnings
$928
Median Rent
$181,800
Median Home Value

Market

Lease Benchmarks for Buffalo, NY

$11.86 /SF/Yr
Avg Asking Price
$1.33–$19.75 /SF/Yr
Price Range
11,804 SF
Avg Space Size

This space is priced 26% above the average of $11.86 /SF/Yr.

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?
Retail space - 1600 SF units available in central location.
Where is this retail space located?
The property is located at 3218 Lake Shore Rd Buffalo, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Central location on Main road into Downtown; Full service lease, utilities included; Large parking lot
(716) 239-5764 Call to check price and availability
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