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Mixed Use Development Site

$1,500,000

505 Delaware, Buffalo, NY 14202

Active
Last Updated: 01/29/2026

15,704 sqft

Building Size

0.52 acres

Lot Area

Details:
Building Size:    15,704 sqft
Lot Area:    0.52 acres
Class:    B
Year Built:    1900
Parking Spots:    30
Highlights:
  • Investment property with upside
  • Adjacent to approved development site for a mixed used property
Description:

505 Delaware ave is currently a 3-story 15,704 SF office property with 34 car parks. In addition to the sale of 505 Delaware, the sale includes an approved development project for 515 Delaware ave which is a 5-story 9,758 GSF mixed- use building consisting of 40 market rate apartments.

Located on Delaware Ave in the Allentown District, between Allen Street and Virginia Street. This multi-story building is a 5 minute minute walk from the Buffalo General Medical Center and Buffalo's historic Theater District. The surrounding office spaces are home to many lawyers, accountants, and medical practitioners, with several local restaurants as well. National retailers include Tim Hortons, Walgreens, Residence Inn, and Lenox Hotel.

Map:
3 Spaces Available

Ground Floor, 1st Floor Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
3,200

This space is currently built out as medical office space and offers bathrooms, a waiting room, reception area, multiple exam rooms, and a doctor's office. This space also comes with off-street parking spaces.

3rd Floor, Suite Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
1,726

This third-floor office spaces offers three large, private offices, and a private bathroom. Additionally there is a large open area that is filled with warm, inviting natural light thanks to the massive skylights.

2nd Floor Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
4,000

Second floor office space available for lease. Space is currently built out as professional office space.

Documents:
Title
1569871
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Location
Gallery