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Mixed-Use Property With Three Apartments
For Sale
$299,000

511 Ontario Street, Buffalo, NY 14207

Remodeled corner-lot building combines residential units with commercial space.

Property Size5,106 SF
Days on Market23

Property Features for 511 Ontario Street

General Information

Standard status Active
Size 5,106 SF
Property subtype Office

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $2,883

Building Details

Building Size 5,106 SF
Year Built 1935
Buildings 1
Tenancy Multi
Listing Agency: Pioneer Star Real Estate Inc.
Listed By: Pushpa Gunatilake · License #10311200587
Source: Highfallssir
Added: Jul 23 Changed: Aug 12 Last Checked: Aug 13 at 11:27AM

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 Pioneer Star Real Estate Inc.

Investment Insights

Based on property information with market context.

Built in 1935, this mixed-use property contains three residential apartments and a separate commercial area. The commercial component may accommodate retail, professional office, or service-based use subject to municipal approvals. Recent work includes new windows and upgraded electrical service with an exterior meter panel.

The building has four furnaces, including two in the attic and two in the basement, along with three hot water tanks installed in 2022. A maintained basement provides utility and storage area, while the spacious backyard adds outdoor space for residential or operational needs. Positioned on a corner lot along Ontario Street in Buffalo’s Riverside neighborhood, the property combines apartment occupancy with a street-oriented commercial component.

Key Highlights

  • Three residential apartments plus a separate commercial space
  • Corner‑lot property at 511 Ontario Street in Buffalo, NY 14207
  • Four furnaces: two in the attic and two in the basement

Property Analytics

Current Use

Triplexes

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

Multi-tenant
Tenancy

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Remodeled corner-lot building combines residential units with commercial space.
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 residential apartments plus a separate commercial space; Corner‑lot property at 511 Ontario Street in Buffalo, NY 14207; Four furnaces: two in the attic and two in the basement
More about this property
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