333 Elmwood Avenue Buffalo, NY $ 250,000
333 Elmwood Avenue
$ 250,000
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333 Elmwood Avenue

Buffalo, NY, 14222
$ 250,000
Bedrooms-- Baths-- Sq 9,684

Monthly Estimate*

$ 1,579

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Commercial Property for sale in Buffalo, NY

for $250,000. This 9,684 square foot building was built in 1910 on a lot size of 0.2296.

Prime Elmwood Strip Investment Property Hubzu Commercial and Anthony Dubreville with Keller Williams are pleased to present a rare opportunity to acquire an income-producing, all-brick property in one of Buffalo's most recognizable and walkable urban corridors. Currently holding a Net Operating Income (NOI) of $67,360 at current occupancy (87%) with a potential projected NOI up to $96,716 at 100% occupancy. The asset is ideally positioned on the Elmwood Strip between Elmwood Village and Allentown, the property benefits from strong neighborhood visibility, convenient access to shops, restaurants, cafes, cultural destinations, and nearby employment anchors, including the Buffalo Niagara Medical Campus and Oishei Children's Hospital. The property is currently configured as a three-story lodging house with 16 rentable rooms, offering investors an established income stream with multiple occupancy options. Six rooms include private bathrooms, while the remaining rooms are supported by shared bathrooms located throughout the building. With approximately 9,684 square feet, the building provides substantial scale for continued operation as a cash-flowing rental asset, while also presenting potential long-term upside through repositioning, renovation, or possible conversion into larger apartment-style units, subject to applicable approvals. Located in the vibrant Elmwood Bryant area, the property sits within a neighborhood known for its walkability, historic architecture, independent businesses, restaurants, coffee shops, galleries, and active street life. This central location is a key demand driver for renters seeking convenient access to daily amenities, entertainment, public transit, and major Buffalo destinations. For investors, the combination of an irreplaceable urban location, existing rental income, and flexible future use potential makes this a compelling offering in a highly desirable Buffalo submarket.

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Commercial Active

Price

$ 250,000

Property Type

Commercial

Taxes

$ 9,614

Style

Apartment

Lot Size

0.2296

Year Built

1910

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1698331

Features
General
Sewer PublicSewer
Heating Gas HotWater Radiant
Utilities ElectricityConnected SewerConnected
Possession CloseOfEscrow
Roof Metal Pitched
Zoning N-2E
Construction Materials Brick Block Frame MetalSiding
School District Buffalo
Year Built 1910
Electric Volts240
Stories Count 3
Township Not Applicable
Property Subtype Apartment
Gross Income 108600.0
Accessibility AccessibleDoors
County Erie
Net Operating Income 63178.0
Operating Expense 35808.0
Property Type CommercialSale
Possible Use HotelMotel
Building Features PublicRestrooms
Status Active
Directions Use a GPS.
City Buffalo
High School District Buffalo
Zoning Description Residential Multi Use
Number Of Units Total 15
MLS Area Buffalo City-140200
Lot Size Units Acres
Lot Size Square Feet 10000.0
Year Built Details Existing
Tax Annual Amount 9614.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://realtypix360.aryeo.com/sites/rmongmwa/unbranded https://realtypix360.aryeo.com/sites/333-elmwood-ave-buffalo-ny-14222-24118066/branded
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 587000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 36
Property Sub Type Additional Apartment
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Interior
Basement Full StorageSpace
Flooring Hardwood Varies
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OnSite
Lot Features Rectangular RectangularLot
Total Parking 7.0
Inclusions Building Only
Lot Size Area 0.2296
Number of Buildings 1
Building Area Total 9684.0
Lot Dimensions 50X200
Lot Size Acres 0.2296
Waterfront Y/N No
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Internal Only
Street Number 1 333
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* Excluded Features
List By
Keller Williams Realty Wny

Broker

(716) 374-2594

Phone

Affordability Calculator

$2,380
Per Month
66%
34%
0%
Monthly Principal & Interest
$1,579
Monthly Property Taxes
$801
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/15/2026$250,000 Listed Price

Map


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333 Elmwood Avenue, Buffalo, NY, 14222 is a Commercial Property for sale at $250,000 with 9,684 sqft and a lot size of 0.2296. 333 Elmwood Avenue was built in 1910. The property's zip code is 14222 which is in Buffalo, NY