2877 Niagara Street Tonawanda, NY $ 285,000
2877 Niagara Street
$ 285,000
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2877 Niagara Street

Tonawanda, NY, 14207
$ 285,000
Bedrooms-- Baths-- Sq 5,425

Monthly Estimate*

$ 1,778

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Commercial Property for sale in Tonawanda, NY

for $285,000. This 5,425 square foot building was built in 1920 on a lot size of 0.1551.

This rare waterfront property combines residential comfort with commercial potential in one versatile package. The mixed-use layout includes three units: a street-level space zoned for business plus two residential apartments. You can choose to live upstairs while operating your own business on the first floor, or lease out all three units for steady income. Currently, the first-floor commercial unit is leased at $1,550/month through May 2026, providing immediate cash flow. The upper rear residential unit is also tenant-occupied at $800/month with a lease through May 2026. The additional upper-level unit offers flexibility for an owner-occupant or additional rental income (estimated rental rate $1100/mo). Recent improvements add peace of mind, including a brand new roof installed in March 2024 with a transferable 15-year warranty, along with two additional gas meters added the same year. Entrepreneurs will appreciate the opportunity to establish a business in a high-visibility location, while investors can take advantage of the flexible rental income stream. Whether you’re looking for a place to live, invest, or work, this property offers endless possibilities along one of the most desirable stretches of waterfront in Niagara. Cross listed as Multi - B1633332

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Commercial Active

Price

$ 285,000

Property Type

Commercial

Taxes

$ 8,267

Style

Lot Size

0.1551

Year Built

1920

Town/City

Tonawanda

County/Region

Erie

MLS | Web ID

B1636557

Features
General
Sewer PublicSewer
Heating Gas Other SeeRemarks ForcedAir
Cooling Other SeeRemarks
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Shingle
Zoning C
School District Kenmore-Tonawanda Union Free District
Year Built 1920
Stories Count 2
Township Not Applicable
Levels Two
County Erie
Property Type CommercialSale
Subdivision Name Mile Reserve
Status Active
City Tonawanda
High School District Kenmore-Tonawanda Union Free District
Zoning Description Residential Multi Use
Number Of Units Total 0
MLS Area Tonawanda-Town-146489
Lot Size Units Acres
Lot Size Square Feet 6757.0
Year Built Details Existing
Tax Annual Amount 8267.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Kenmore-Tonawanda Union Free District
Elementary School District Kenmore-Tonawanda Union Free District
Tax Assessed Value 68000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 9
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Interior
Basement Full
Flooring Hardwood Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
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 2.0
Inclusions Other - See Remarks
Lot Size Area 0.1551
Number of Buildings 1
Building Area Total 5425.0
Lot Dimensions 33X204
Lot Size Acres 0.1551
Waterfront Y/N No
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Internal Only
Street Number 1 2877
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* Excluded Features
List By
Red Door Real Estate Wny Llc

Broker

(716) 866-8361

Phone

Affordability Calculator

$2,467
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,778
Monthly Property Taxes
$689
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
248302 Elementary School
247024 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$285,000 -4.97% Price Down
9/8/2025$299,900 Listed Price

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2877 Niagara Street, Tonawanda, NY, 14207 is a Commercial Property for sale at $285,000 with 5,425 sqft and a lot size of 0.1551. 2877 Niagara Street was built in 1920. The property's zip code is 14207 which is in Tonawanda, NY