5-Unit Mixed-Use
New
For Sale
$274,900
500 Oliver St, North Tonawanda, NY 14120
Four apartments are currently rented, with a separate storefront, office, or restaurant space requiring renovation.
Property Size8,412 SF
Days on Market2
Property Features for 500 Oliver St
General Information
Standard status
Active
Size
8,412 SF
Total Parking Spaces
12
Property subtype
Retail
Property Condition
Severity
Repairs Needed
Evidence
storefront/office/restaurant that needs to be remodeled
Site & Location
Corner Location
Yes
Utilities to Site
Yes
Mixed-Use Components
retail, residential
Units
Multifamily Units
4
Individually Metered Utilities
gas, electric
Additional Details
Tenant in Place
Yes
Amenities
laundry in units
partial fenced yard
Building Details
Building Size
8,412 SF
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Hunt Commercial - Buffalo
Listed By:
Christina Cerrone Pecoraro
(716) 531-6880
Source:
Huntcommercial
Added: Oct 24
Last Checked: Oct 24 at 3:00PM
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 Hunt Commercial - Buffalo
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Investment Insights
Based on property information with market context.
This 1920 mixed-use property contains five units: four apartments and a commercial space suitable for storefront, office, or restaurant use. The apartments are currently rented and include in-unit laundry; some have received updates. The commercial area needs remodeling. A newer metal roof, full dry basement, and partially fenced yard are also part of the property.
The building occupies a corner lot, with tenant parking on both sides totaling about 12 spaces. Separate utility service includes 3 gas meters and 4 electric meters. The property is being sold as-is as part of an estate.
The building occupies a corner lot, with tenant parking on both sides totaling about 12 spaces. Separate utility service includes 3 gas meters and 4 electric meters. The property is being sold as-is as part of an estate.
Key Highlights
- Four of the five units are rented apartments
- Commercial space requires remodeling and has storefront, office, or restaurant use potential
- About 12 tenant parking spaces on both sides of the building
Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 14120, NY
44,538
Population
20,367
Households
2.2
Avg Household Size
45
Median Age
30%
College-Educated
94%
High-School Grad
32.6 sq mi
ZIP Area
1,366
Density / Sq Mi
$76,608
Median Household Income
$47,014
Median Earnings
$932
Median Rent
$205,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four apartments are currently rented, with a separate storefront, office, or restaurant space requiring renovation.
Where is this mixed-use property located?
The property is located at 500 Oliver St North Tonawanda, NY.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Four of the five units are rented apartments; Commercial space requires remodeling and has storefront, office, or restaurant use potential; About 12 tenant parking spaces on both sides of the building
