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Brick Mixed-Use Building with Retail Space
For Sale
$330,000

577 Ontario Street, Buffalo, NY 14207

MULTI_FAMILY - Other - Buffalo, NY

Property Size4,554 SF
Lot Size0.18 Acres
Price / SF$72.46
Days on Market48

Property Features for 577 Ontario Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential Multi Use
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 3, Bedroom 2, Basement, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1
Appliances GasWaterHeater
Subdivision Jones Tr
Lot features Near Public Transit, Rectangular, Rectangular Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Standard status Active
APN 140200-077-420-0002-013-100
Size 4,554 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 3923

Utilities

Heating system Natural Gas
Water source Public

Building Details

Year built 1935
Floors in Building 2
Number of units 2
Flooring type Hardwood, Varies, Tile
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: Keller Williams Realty WNY
Listed By: Amit Rai · License #10401365593
Added: Jun 23 Changed: Aug 8 Last Checked: Aug 9 at 4:06PM
MLS# B1692446

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.

577 Ontario Street is a brick mixed-use property built in 1935 on a 0.1779-acre lot. The ground floor provides a vacant commercial retail space with street visibility, while the upper level includes two apartments: one 3-bedroom unit and one 2-bedroom unit.

Major updates were completed in 2024, including a new roof, updated plumbing, and a newly installed outdoor staircase. The home includes a full basement for utilities and storage, as well as a crawl space attic. Landlord expenses are supported by 3 separate electric meters. The property is serviced by public water and uses natural gas heat; the hot water heater is gas.

For parking and storage, there is a blacktop driveway accommodating 2+ cars and a detached 2-car garage. The sale package also includes the adjacent vacant lot at 573 Ontario Street, expanding the total land footprint. A gas water heater, asphalt roof, and tile/hardwood flooring are also noted.

Key Highlights

  • 0.1779‑acre lot with 4,554 SF mixed‑use building built in 1935
  • Street‑level vacant commercial retail space with street visibility
  • Upper level includes a 3‑bedroom apartment and a 2‑bedroom tenant unit

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

600
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use brick building with a street-level vacant retail space and two apartments above.
Where is this mixed-use property located?
The property is located at 577 Ontario Street Buffalo, NY.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 0.1779‑acre lot with 4,554 SF mixed‑use building built in 1935; Street‑level vacant commercial retail space with street visibility; Upper level includes a 3‑bedroom apartment and a 2‑bedroom tenant unit
More about this property
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