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557 Hertel St 2,787 SF Retail Building Buffalo, NY 14207 $414,123 CAD ($148.59 CAD/SF)



Investment Highlights
- Mixed-use building featuring a first-floor commercial space and second-floor residential apartment.
- Five-bedroom apartment with updated kitchen, renovated bathroom, and private second-story porch.
- Full basement with updated mechanicals, glass block windows, and abundant storage.
- Open floor plan commercial space with updated flooring and direct basement access.
- Off-street parking provides added convenience along Hertel Avenue.
- Walk-up attic offers additional storage and flexibility for ownership or investment use.
Executive Summary
Updated Mixed-Use Building with Off Street Parking on Desirable Hertel Avenue. Exceptional opportunity to own an updated mixed use building in the heart of Hertel Avenue. This versatile property features a spacious first floor commercial space with an open floor plan, updated flooring, a storage closet, two half bathrooms and direct access to the full basement for convenient storage. The second floor apartment offers 5 bedrooms and 1 updated full bath, making it ideal for owner occupancy or rental income. The living room opens to a private second story porch, while the updated eat-in kitchen features white cabinetry, stainless steel appliances and ample dining space. The renovated bathroom includes a tiled walk-in shower and modern vanity. New wall-to-wall carpeting has been installed throughout, and the walk-up attic provides additional storage. The full basement includes glass block windows, updated mechanicals and plenty of storage space. The commercial unit is serviced by a forced air furnace with central air conditioning, while the upper apartment is heated by a boiler. Off-street parking adds to the property's appeal in this highly sought-after Hertel Avenue location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,787 SF
Building Class
B
Year Built
1900
Price
$414,123 CAD
Price Per SF
$148.59 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
8 Spaces (2.87 Spaces per 1,000 SF Leased)
Frontage
51’ on Hertel
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140200-077-760-0001-002-000 | Improvements Assessment | $443,121 CAD |
| Land Assessment | $13,256 CAD | Total Assessment | $456,378 CAD |
Property Taxes
Parcel Number
140200-077-760-0001-002-000
Land Assessment
$13,256 CAD
Improvements Assessment
$443,121 CAD
Total Assessment
$456,378 CAD
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557 Hertel St
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