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Remodeled Mixed-Use Property
For Sale
$299,000

511 Ontario Street, Buffalo, NY 14207

CommercialSale, Buffalo, NY

Property Size5,106 SF
Lot Size0.10 Acres
Price / SF$58.56
Days on Market52

Property Features for 511 Ontario Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning N-3E
Zoning description Residential Multi Use
Rooms Basement
Subdivision Jones
Lot features Rectangular, Rectangular Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions Corner of Ontario St. and Philadelphia St.
Standard status Active
APN 140200-077-420-0004-014-000
Size 5,106 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 2883

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

backyard

Building Details

Year built 1935
Floors in Building 2
Roof type Shingle, Asphalt
Listing Agency: Pioneer Star Real Estate Inc.
Listed By: Pushpa Gunatilake · License #10311200587
Added: Jul 23 Changed: Sep 12 Last Checked: Sep 12 at 10:06PM
MLS# B1701347

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines three updated residential apartments with a commercial area that can accommodate retail, professional office, or service-based use subject to municipal approvals. The 5,106-square-foot building was constructed in 1935 and has been remodeled with new windows and updated electrical service, including an exterior meter panel. Four furnaces serve the property, with two located in the attic and two in the basement. Three hot water tanks were installed in 2022.

Positioned on a corner lot in Buffalo’s Riverside neighborhood, the property offers street visibility and access to nearby neighborhood amenities. The clean basement supplies additional utility and storage space, while the backyard provides outdoor area for residential or property operations. Zoning is N-3E, and the building is served by public sewer, forced-air heating, and natural gas.

Key Highlights

  • Three updated residential apartments plus commercial space
  • 5,106 square feet on 0.0969 acres
  • Commercial area supports retail, professional office, or service use subject to municipal approvals

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Cafe & Coffee Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby

Demographics for 14207, NY

26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Buffalo, NY

15.4% 2019
16.5% 2020
16.5% 2021
18.5% 2022
18.2% 2023
21.1% 2024
21% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three updated apartments accompany commercial space for retail, office, or service use subject to municipal approvals.
Where is this mixed-use property located?
The property is located at 511 Ontario Street Buffalo, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three updated residential apartments plus commercial space; 5,106 square feet on 0.0969 acres; Commercial area supports retail, professional office, or service use subject to municipal approvals
More about this property
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