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    Elma, NY Multifamily Properties for Sale

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    Buffalo, NY Lancaster, NY East Aurora, NY
    Firehouse Square Mixed-Use Facility
    $699,000
    6,450 SF

    Firehouse Square Mixed-Use Facility

    2901 Bowen Road, Elma, NY 14059

    Multi-use facility with office suites and residential apartments for sale.

    • Multi‑use facility offering diverse income potential with 4 office suites and 2 residential apartments.
    • Located on the picturesque banks of Buffalo Creek.
    • Well‑maintained building, meticulously cared for with continuous updates since a top‑to‑bottom remodel in 1985.
    • Two large 1‑bedroom apartments featuring large kitchens, living rooms, in‑unit laundry, and a second‑floor loft, ideal for a home office.
    • Office suites in beautiful shape, with two currently vacant and ready for immediate occupancy or lease.
    Updated: Mar 30, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Elma, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lancaster Mixed-Use Investment Opportunity
    $669,000
    9,856 SF

    Lancaster Mixed-Use Investment Opportunity

    Mixed-use property in Lancaster Village with retail and residential units.

    5476 Broadway Street, Lancaster, NY 14086
    View details
    Well-Maintained Multi-Family Home
    $389,900
    2,800 SF

    Well-Maintained Multi-Family Home

    Impeccably maintained multi-family home with modern updates and tenant.

    99 S Prince Drive, Depew, NY 14043
    View details
    Renovated Lancaster Multi-Family Property
    $359,900

    Renovated Lancaster Multi-Family Property

    Completely renovated 2-unit property with strong income potential.

    5869 Broadway St, Lancaster, NY 14086
    View details
    Mixed-Use Property with Retail Space
    $349,900

    Mixed-Use Property with Retail Space

    Mixed-use property featuring retail space and a three-bedroom apartment.

    5026 Broadway, Depew, NY 14043
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Buildable Lot Near Niagara Falls
    Contact for pricing

    Buildable Lot Near Niagara Falls

    Vacant land suitable for development near attractions.

    1931 Falls Street, Niagara Falls, NY 14303
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    Caneadea Acre Building Lot
    $31,900
    1.00 Acre

    Caneadea Acre Building Lot

    One acre lot with utilities, ready for recreation.

    8708 Oramel Hill Rd, Caneadea, NY 14717
    View details
    Cleared Land with Development Potential
    $125,900
    22.00 Acres

    Cleared Land with Development Potential

    22-acre cleared land near Lake Erie with utilities.

    Fredonia, NY 14063
    View details
    Residential Lot in Westfield, PA
    Contact for pricing
    0.17 Acres

    Residential Lot in Westfield, PA

    Affordable .171 acre lot ready for a mobile home.

    110 Mill Street, Westfield, PA 16950
    View details

    Elma, NY Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Elma, NY on our real estate platform. These investment opportunities span a total of 6,450 square feet of properties for sale, with an estimated market value of $699,000.

    Sale prices for multifamily properties in Elma, NY start at $699,000, averaging $699,000, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 1

    Demographics Overview

    Population 9,413
    Population Growth (5Y) -7.2%
    Median Household Income $101,698
    College Educated 59.8%

    High-Yield Neighborhoods for Strategic Investment

    Identify Elma submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    14059 $699K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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