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    1537 Hertel Ave Buffalo, NY 14216

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    For Sale
    $969,000

    All-brick mixed-use property with retail and apartments in vibrant location.

    Property size:
    6,930 SF
    Lot size:
    0.07 Acres

    Property Features for 1537 Hertel Ave

    General Information

    Size
    6,930 SF
    Lot size
    0.07 Acres

    Source: Gurney Becker & Bourne Agent John Heffron

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Gem in North Buffalo

    This all-brick, mixed-use property, known as The Colvin, is located in the heart of North Buffalo on one of Hertel Strip’s most vibrant blocks. The building offers nearly 8,000 square feet of total space, including close to 4,000 square feet of prime retail frontage. Currently, the retail space is home to an antique shop that draws steady foot traffic. Upstairs, there are two updated apartments, suitable for generating additional income or for living steps away from the business. The property offers potential for entrepreneurs, investors in one of Buffalo’s dynamic neighborhoods. The property size is 6,930 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8511574
    Latitude
    42.9474218

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    FAQs

    What type of property is this?
    Mixed-use property - All-brick mixed-use property with retail and apartments in vibrant location.
    Where is this mixed-use property located?
    The property is located at 1537 Hertel Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $969,000.
    What are key features of this property?
    This property features: - Prime location on a vibrant block of Hertel Strip in North Buffalo.; - Nearly 4,000 square feet of prime retail frontage, total space close to 8,000 square feet.; - Mixed-use building with retail space and two updated apartments.
    (716) 849-1234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1537 Hertel Ave Buffalo, NY 14216
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