1172 Hertel Avenue Buffalo, NY $ 950,000
1172 Hertel Avenue
$ 950,000
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1172 Hertel Avenue

Buffalo, NY, 14216
$ 950,000
Bedrooms-- Baths-- Sq 9,000

Monthly Estimate*

$ 5,849

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Commercial Property for sale in Buffalo, NY

for $950,000. This 9,000 square foot building was built in 1928 on a lot size of 0.1391.

Rare opportunity to own a well-known mixed-use investment property in the heart of North Buffalo’s highly desirable Hertel Avenue corridor. Located at 1172 Hertel Avenue, home to Terrapin Station and the Virgil Cigar Shop, this property has been proudly owned and maintained by the same owner for over 37 years. The building features two established commercial storefronts along with six residential apartments, offering a strong blend of retail presence and residential income. Several residential units have been updated over time while maintaining the character of the property. Both operating businesses are also available for purchase separately, presenting a unique opportunity for an investor or owner-operator seeking a turnkey acquisition. Positioned in one of Buffalo’s most vibrant commercial districts, this is a generational asset ready for its next ownership.

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 14,742

Style

Lot Size

0.1391

Year Built

1928

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1664287

Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Flat
Zoning N-3C
School District Buffalo
Year Built 1928
Stories Count 2
Township Not Applicable
Levels Two
County Erie
Property Type CommercialSale
Status Active
Directions Delaware To Hertel
City Buffalo
High School District Buffalo
Zoning Description Commercial
Number Of Units Total 0
MLS Area Buffalo City-140200
Lot Size Units Acres
Lot Size Square Feet 6060.0
Year Built Details Existing
Tax Annual Amount 14742.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 625000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 22
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Interior
Total Fireplaces 0
Total Stories 2
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 0.0
Inclusions Land and Building Other - See Remarks
Lot Size Area 0.1391
Number of Buildings 1
Building Area Total 9000.0
Lot Dimensions 50X120
Lot Size Acres 0.1391
Waterfront Y/N No
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Internal Only
Street Number 1 1172
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* Excluded Features
List By
716 Realty Group Wny Llc

Broker

(716) 867-9065

Phone

Affordability Calculator

$7,078
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$1,229
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$950,000 Listed Price

Map


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1172 Hertel Avenue, Buffalo, NY, 14216 is a Commercial Property for sale at $950,000 with 9,000 sqft and a lot size of 0.1391. 1172 Hertel Avenue was built in 1928. The property's zip code is 14216 which is in Buffalo, NY