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350 Alberta Dr
Amherst, NY 14226 East Amherst/Williamsville

$2,100,000 USD

Medical For Sale  •  22,584 SF

Property Details

  • Property Type Medical
  • Total Building Size 22,584 SF
  • Lot Size 2.2 AC
  • Building Class B
  • Year Built 1966
  • Cap Rate 7.91 %
  • Tenancy Multiple
  • Zoning Commercial
30 Transit Score
60 Walk Score

Highlights

18 suite medical office building with 165 parking spaces
87% occupancy
Substantial upside filling vacant space and raising lease rates to market
Adjacent to Sheridan Drive retail corridor
Site is suitable for redevelopment to retail or residential use
Amherst is home to many medical office users

Financial Summary (Proforma)

Net Operating Income: $166,165 USD (2026)
Cap Rate: 7.91 %
Total Expenses: $89,675 USD

Amenities

  • Atrium
  • Bus Line
  • Controlled Access
  • Courtyard
  • Signage
  • Reception
  • Partitioned Offices
  • Wi-Fi
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Buffalo Depew Station (Empire Service - Amtrak, Lake Shore Limited - Amtrak, Maple Leaf - Amtrak) 17 min - 9.1 mi
Buffalo (Empire Service - Amtrak, Maple Leaf - Amtrak) 18 min - 9.2 mi
AirportDriveWalkDistance
Buffalo Niagara International 14 min - 6.4 mi
Niagara Falls International 23 min - 12.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 165
Type: Surface
Included in Rent: Yes
Brian Heine 716-884-4437 Brian Heine - Licensed Real Estate Broker
Brian Heine 716-884-4437 Brian Heine - Licensed Real Estate Broker