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    1307 Jefferson Ave Buffalo, NY 14208

    Sponsored
    For Lease
    $8 SF/Yr

    Prime Erie County medical/office suites available.

    Lot size:
    28,290 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Jefferson Utica Plaza, a single-story, Class B building totaling 28,290 square feet, presents a compelling investment opportunity in Erie County. Built in 1988, this property boasts a convenient location at the high-traffic intersection of Jefferson Avenue and E Utica Street, benefitting from an AADT of 11,350+. The plaza offers multiple tenancy options, with suites ranging from a minimum of 1,432 square feet to a maximum contiguous space of 10,298 square feet. Currently, 13,800 square feet are vacant, providing significant potential for expansion or new tenants. The property sits on 2.17 acres of land and includes 105 parking spaces, ensuring ample convenience for both staff and clients. On-site amenities include walkable plazas and the added benefit of NFTA bus stops directly in front, enhancing accessibility. The zoning is D-S (Retail Strip), allowing for a variety of uses. This well-situated property offers a blend of medical and traditional office space, making it ideal for a range of businesses. The building's five suites provide flexibility for various tenant needs. This is a rare opportunity to acquire a well-located, established property with significant upside potential in a thriving commercial area.

    Property Features for 1307 Jefferson Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,290 SF
    Class
    B
    Total Rate
    21099.62

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 2
    Size
    10,298 SF
    Rate per SF
    $8
    Space
    Suite 1
    Size
    3,502 SF
    Rate per SF
    $9

    HighLights

    • 28,290 SF multi‑tenant office/retail building in Erie County.
    • 1,432 SF minimum divisible space, up to 10,298 SF contiguous.
    • 13,800 SF of vacant space available.
    • Class B building, constructed in 1988, single‑story with 105 parking spaces.
    • Located at the high‑traffic intersection of Jefferson Avenue and E Utica Street, zoned D‑S (Retail Strip).
    Property Profile Location Intelligence

    Current Use by Public Records

    Sneakertown Clothing Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon 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
    -78.853985407514
    Latitude
    42.911022909024

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    FAQs

    What type of property is this?
    Medical office - Prime Erie County medical/office suites available.
    Where is this medical office located?
    The property is located at 1307 Jefferson Ave Buffalo, NY.
    What is the lease rate?
    The lease rate is $8-$9 SF/Yr.
    What are key features of this property?
    This property features: 28,290 SF multi-tenant office/retail building in Erie County.; 1,432 SF minimum divisible space, up to 10,298 SF contiguous.; 13,800 SF of vacant space available.
    Request Owner's contact information
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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
    1307 Jefferson Ave Buffalo, NY 14208
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