1625 Broadway St, Buffalo, NY 14212-2042
This exceptional 13,207-square-foot medical office building presents a rare opportunity in Buffalo, NY. Located at the highly visible corner of Broadway and Bailey Avenue, this single-tenant property boasts a prime location at a signalized intersection, ensuring maximum exposure. Built in 2000, the one-story building sits on a spacious 1.9-acre lot and offers ample parking with 69 spaces. Its former use as a Rite Aid provides a readily adaptable layout for various medical practices. The property's convenient location is just three miles from downtown Buffalo and enjoys proximity to key amenities. These include the historic Broadway Market, Family Dollar, Aaron's Furniture, and a large business park, all within close proximity. Furthermore, it is surrounded by a densely populated residential area, providing a strong potential patient base. The building features drive-through access, adding to its operational efficiency and convenience. This turnkey property is ideal for medical professionals seeking a well-established and highly visible location to establish or expand their practice. The significant parking capacity and convenient access points make this an attractive option for patients and staff alike. This is a truly exceptional opportunity to acquire a well-situated and functional medical office building in a thriving area of Buffalo.
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Rite Aid Photo (Bike/Boat/Book/etc) Store
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Western Union Bank Credit Union
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higi Physician
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Nichole Sperrazzo Pharmacy
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Brienne Nichols Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
D-S · Buffalo, NYBuffalo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.