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Mixed-Use Portfolio with Storefront
For Sale
$349,900

547 Tonawanda Street, Buffalo, NY 14207

Portfolio includes apartments and a high-visibility storefront with extensive parking, plus a rehabbed meeting space and garage-based shop.

Property Size6,957 SF
Price / SF$50.29
Days on Market373

Property Features for 547 Tonawanda Street

General Information

Standard status Active
Size 6,957 SF
Property subtype Multi Family / Commercial

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,731

Amenities

Two
Gas, Forced Air
Gas Water Heater, See Remarks
Yes
6957.0
No
Resilient, Varies, Vinyl
Crawl Space, Full
2
Asphalt
Concrete Driveway, See Remarks
Other, See Remarks, Vinyl Siding

Building Details

Year Built 1920
Stories 2
Listing Agency: Buffalo First Realty Group Inc
Listed By: Raymond A Smith · License #40SM1090023
Source: Compass
Added: Aug 31, 2025 Changed: Aug 8 Last Checked: Jul 23 at 6:54AM

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 Buffalo First Realty Group Inc

Investment Insights

Based on property information with market context.

This for-sale mixed-use portfolio offers residential and commercial flexibility across multiple buildings, including 547 Tonawanda, 549 Tonawanda, and 172 Grace. At 547 Tonawanda, the upper level features a spacious 3-bedroom apartment with great natural light, while the lower right space has been fully rehabbed from a former bar into a modern commercial meeting space with a flexible layout suitable for office, event, or business use. 549 Tonawanda includes a high-visibility lower storefront with extensive parking, along with a studio apartment with direct access to a large open garage currently used as a mechanic’s shop.

The remaining property at 172 Grace is a single-family 2-bedroom home with updated flooring and a vaulted ceiling, positioned as an income option or residence.

Overall, the offering combines multiple income streams and live-work style functionality within a compact, multi-property package.

Key Highlights

  • Multi‑property portfolio includes 547 Tonawanda, 549 Tonawanda, and 172 Grace
  • 547 Tonawanda offers a 3‑bedroom upper apartment with natural light and flexible owner‑occupant or rental use
  • 547 Tonawanda lower right is a former bar fully rehabbed into a modern commercial meeting space with flexible layout

Property Analytics

Current Use

Cell Phone Connect Mobile Phone Store The Buffalo Group Charitable Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Plumbing Service Acupuncture Cafe & Coffee Shop Garden 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Shops & Services 47%
Tim Hortons Dining
13,940 visits/mo 0.4 miles
Kwik Fill Shops & Services
9,660 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
2,676 visits/mo 0.3 miles

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 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 - Portfolio includes apartments and a high-visibility storefront with extensive parking, plus a rehabbed meeting space and garage-based shop.
Where is this mixed-use property located?
The property is located at 547 Tonawanda Street Buffalo, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Multi‑property portfolio includes 547 Tonawanda, 549 Tonawanda, and 172 Grace; 547 Tonawanda offers a 3‑bedroom upper apartment with natural light and flexible owner‑occupant or rental use; 547 Tonawanda lower right is a former bar fully rehabbed into a modern commercial meeting space with flexible layout
More about this property
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