benny.estate
For SaleMLS # B1667243131 days on market

2949 Elmwood Avenue

Buffalo, NY 14217 · Erie County

Price

$590,000

Bed / Bath

Interior

8,828 sqft

Lot

14,253 sqft lot

Built

1980

↓ Reduced from $600,000

About this home

Positioned along a high-visibility corridor in Tonawanda, 2949 Elmwood Ave offers a rare opportunity to acquire a large eight-unit office building with significant value-add potential. The property features separate utilities, allowing flexible leasing options for investors or owner-occupants seeking to control operating costs. Currently, an urgent care medical center occupies two of the spaces, a 3rd medical office , providing an established commercial presence and steady activity at the property. Five units are vacant and ready for immediate occupancy, making this an excellent opportunity for an owner-occupant business, medical practice, or investor seeking to lease up the remaining suites. The building benefits from solid mechanical systems, practical layouts for professional offices, and a large on-site parking lot, an important advantage for medical or professional tenants. The building is equipped with an elevator, is ADA compliant, and features an automatic opening front door for easy access. There are 30 parking spaces for the office. Located directly across from Kenmore Mercy Hospital, the property sits in a highly desirable location for medical, healthcare, and professional office users who benefit from proximity to the hospital and surrounding medical services. 2949 Elmwood Avenue sit on a combined 0.51-acre parcel of prime commercial land along a high-traffic primary Street corridor, offering exceptional visibility, ample parking potential, and strong redevelopment or owner-occupant opportunities. This is a compelling opportunity for a National Retailer investors, medical users, mixed use, food court, or owner-occupants looking to secure a well-located office property with strong upside and leasing potential in a prime Tonawanda location. The owner will consider holding a mortgage on 2949 Elmwood for a qualified buyer for a term of up to five (5) years

Mechanical

Heating

Electric, Baseboard

Schools

District

Kenmore-Tonawanda Union Free District

Tax & finance

Annual taxes

$12,851

Financing

Cash · OwnerWillCarry

Location

Buffalo, NY 14217 · Erie County

MLS Attribution

Listing courtesy of Iconic Real Estate. Listing agent: Ayat Nieves. Data last updated 7/27/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.