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Mixed-Use Property with Apartments
For Sale
$299,900

511 Ontario Street, Buffalo, NY 14207

MULTI_FAMILY - Buffalo, NY

Property Size5,106 SF
Lot Size0.10 Acres
Price / SF$58.73
Days on Market18

Property Features for 511 Ontario Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential Multi Use
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Basement, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 5
Parking features Driveway
Appliances GasWaterHeater
Subdivision Jones
Lot features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district Buffalo
Middle school district Buffalo
High school district Buffalo
Directions Corner of Ontario and Philadelphia
Standard status Active
APN 140200-077-420-0004-014-000
Size 5,106 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 2883

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1935
Floors in Building 2
Number of units 3
Flooring type Hardwood, Varies, Laminate
Building materials Brick, VinylSiding, WoodSiding
Roof type Asphalt, Shingle
Listing Agency: Pioneer Star Real Estate Inc.
Listed By: Pushpa Gunatilake · License #10311200587
Added: Jul 23 Changed: Aug 7 Last Checked: Aug 9 at 12:06PM
MLS# B1701354

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.

This mixed-use property combines three residential apartments with a commercial area that can accommodate retail, professional office, or service-based operations. The 5,106-square-foot building includes a basement for utility and storage functions, a driveway, and a spacious backyard. Improvements include fresh interior paint, new laminate flooring, almost all new windows, and updated electrical service with an exterior meter panel. Four forced-air furnaces support the building, with two located in the attic and two in the basement. Three new hot water tanks were installed in 2022.

Built in 1935, the property occupies a 0.0969-acre corner lot at 511 Ontario Street in Buffalo’s Riverside neighborhood. The site has street visibility and access to nearby neighborhood amenities. Construction includes brick, vinyl siding, and wood siding, with an asphalt shingle roof and public water service. The property is offered as-is, with the seller not completing repairs resulting from the buyer’s home inspection.

Key Highlights

  • Mixed‑use building with three updated residential apartments and commercial space
  • 5,106 square feet on a 0.0969‑acre corner lot
  • Commercial area suited to retail, professional office, or service use

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 Office in Buffalo, NY

15.4% 2019
16.5% 2020
16.5% 2021
18.5% 2022
18.2% 2023
21.1% 2024
21% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three updated apartments complement a commercial space for retail, office, or service use.
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 $299,900.
What are key features of this property?
This property features: Mixed‑use building with three updated residential apartments and commercial space; 5,106 square feet on a 0.0969‑acre corner lot; Commercial area suited to retail, professional office, or service use
More about this property
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