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Brick Mixed-Use Property
For Sale
$330,000

577 Ontario Street, Buffalo, NY 14207

Ground-floor retail space pairs with two upper-level apartments and separate electric metering.

Property Size4,554 SF
Days on Market53

Property Features for 577 Ontario Street

General Information

Standard status Active
Size 4,554 SF
Property subtype Mixed Use

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Land Use mixed-use

Taxes and HOA fees

Annual Taxes $3,923

Amenities

full basement
crawl space attic
3 separate electric meters

Building Details

Building Size 4,554 SF
Year Built 1935
Year Renovated 2024
Construction brick
Tenancy Multi
Listing Agency: Keller Williams Realty WNY
Listed By: Amit Rai · License #10401365593
Source: Highfallssir
Added: Jun 23 Changed: Aug 14 Last Checked: Aug 14 at 3:33AM

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 Keller Williams Realty WNY

Investment Insights

Based on property information with market context.

This brick mixed-use building at 577 Ontario Street combines a vacant commercial storefront on the ground floor with two residential apartments above. The apartment layout includes one 3-bedroom unit and one 2-bedroom unit. A full basement provides utility and storage space, while a crawl space attic adds supplemental building area.

Property improvements completed in 2024 include a new roof, updated plumbing, and a newly installed exterior staircase. Three separate electric meters support distinct utility billing. The site includes a blacktop driveway accommodating 2+ cars, a detached 2-car garage, and the adjacent vacant lot at 573 Ontario Street. Public transportation is nearby, and the property was built in 1935.

Key Highlights

  • Ground‑floor vacant retail space with two upper apartments
  • Residential units include 3‑bedroom and 2‑bedroom layouts
  • 2024 improvements include a new roof, updated plumbing, and outdoor staircase

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Skin Care Clinic Cafe & Coffee Shop

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
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

600
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail space pairs with two upper-level apartments and separate electric metering.
Where is this mixed-use property located?
The property is located at 577 Ontario Street Buffalo, NY.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Ground‑floor vacant retail space with two upper apartments; Residential units include 3‑bedroom and 2‑bedroom layouts; 2024 improvements include a new roof, updated plumbing, and outdoor staircase
More about this property
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