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Mixed-Use Building with Storefront
For Sale
$225,000

1156 East Lovejoy Street, Buffalo, NY 14206

Two-level property combines an occupied apartment with vacant commercial space for an owner-user or future tenant.

Property Size3,213 SF
Days on Market9

Property Features for 1156 East Lovejoy Street

General Information

Standard status Active
Size 3,213 SF
Property subtype Mixed Use

Financials

Gross Income $14,400
Average Monthly Rent $1,200

Additional Details

Utilities to Site Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,896

Building Details

Building Size 3,213 SF
Year Built 1915
Tenancy Multi
Listing Agency: eXp Realty
Listed By: Crystal Moye · License #10401385111
Source: Highfallssir
Added: Sep 15 Changed: Sep 21 Last Checked: Sep 22 at 10:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

Built in 1915, this mixed-use property at 1156 East Lovejoy Street includes an upstairs apartment that is currently tenant occupied and a separate commercial area available for use. The layout combines residential occupancy with ground-floor commercial flexibility in one building.

The property has one shared gas meter and two separate electric meters. Its Buffalo location provides access to nearby amenities, transportation, and major routes. The commercial portion is vacant, allowing an owner-user or incoming tenant to establish operations while the apartment remains occupied.

Key Highlights

  • Upstairs apartment is currently tenant occupied
  • Vacant commercial space available for an owner‑user or future tenant
  • One shared gas meter and two separate electric meters

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

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

1
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 14206, NY

21,706
Population
10,677
Households
2
Avg Household Size
38
Median Age
18%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
4,341
Density / Sq Mi
$46,842
Median Household Income
$38,379
Median Earnings
$886
Median Rent
$111,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Buffalo, NY

4.7% 2019
8.8% 2020
8.4% 2021
8.6% 2022
8.1% 2023
8.4% 2024
10.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines an occupied apartment with vacant commercial space for an owner-user or future tenant.
Where is this mixed-use property located?
The property is located at 1156 East Lovejoy Street Buffalo, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Upstairs apartment is currently tenant occupied; Vacant commercial space available for an owner‑user or future tenant; One shared gas meter and two separate electric meters
More about this property
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