557 Hertel Avenue
Buffalo, NY, 14207 $ 199,900
Bedrooms-- Baths-- Sq 4,121 Monthly Estimate*
$ 1,381
for $199,900. This 4,121 square foot building was built in 1920 on a lot size of 0.0755.
Rare mixed-use investment opportunity in Buffalo's Black Rock/Riverside neighborhood! This 4,121 sq ft building offers a first-floor commercial space (office or retail, roughly half the building) paired with a fully renovated, turnkey 5-bedroom, 1-bath apartment above, ideal for an owner-operator who wants to run a business downstairs and live upstairs, or for an investor seeking dual income streams. The commercial space has served as a hair salon, bar, religious gathering space, and general office/retail over the years, proving its flexibility for nearly any use. Upstairs, the spacious 5-bedroom apartment has been cosmetically renovated top to bottom and is move-in ready, with a private back porch for the tenant, a rare perk in this market. Mechanically, the building is well maintained: separate electric and gas meters (one shared water meter), circuit breakers throughout, a 2017 complete roof tear-off, forced air with central A/C (4 years old) on the lower level, and a boiler serving the upper unit. Hot water tanks are 4 years and 1.5 years old, and the plumbing has seen recent supply-line upgrades, with a mix of copper, steel, and PEX. A steel main carrier beam supports the structure, and the exterior features stone and vinyl siding, plus a curb cut and driveway on the left side for easy off-street parking. Location is a major draw: you're minutes from the Niagara River and the Empire State Trail, with downtown Buffalo, Grand Island, and the Town of Tonawanda all about 5 minutes away. The City of Tonawanda, North Tonawanda, Amherst, and Hamburg are also close by, putting nearly all of Erie County within easy reach. Don't miss this chance to own a versatile, income-producing mixed-use property in one of Buffalo's most connected neighborhoods.
See more
FeaturesGeneralSewer PublicSewer
Heating Gas ForcedAir HotWater
Cooling CentralAir
Utilities ElectricityAvailable ElectricityConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Zoning N-3E
School District Buffalo
Year Built 1920
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MixedUse
County Erie
Property Type CommercialSale
Possible Use Office Residential Retail
Total Rooms 5
Status Active
Directions On Hertel between Pavonia and Janice.
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 3288.0
Year Built Details Existing
Tax Annual Amount 5865.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 330500
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 2
Virtual Tour https://www.giambrateam.com/listings/586728742046
Property Sub Type Additional MixedUse
See more
InteriorBasement Full
Flooring Carpet Linoleum Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
See more
ExteriorParking Features OnSite
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 2.0
Inclusions Building Only
Lot Size Area 0.0755
Number of Buildings 1
Building Area Total 4121.0
Lot Dimensions 32X101
Lot Size Acres 0.0755
Waterfront Y/N No
See more
* Excluded FeaturesList ByGiambra Realty CorpBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,381
- Monthly Property Taxes
- $489
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Buffalo, NY
Average List Price $579,190
Percent of Sale Price 190%
About Buffalo, NY 257,543 Population
-12% Since 2002
$ 34,439 Median Income
35.65 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/11/2026 | $199,900 | | Listed Price |