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5 Beds
3 Baths
4,121 sqft

$199,900

557 Hertel Avenue, Buffalo NY, 14207

Price per sqft$48.51
Built in1920
Property size4,121 sqft
Property typeOther

Overview

Active

Listed Sep 11, 2026

Updated 4 weeks ago

Rare mixed-use investment opportunity in Buffalo's Black Rock/Riverside neighborhood! This 4,121 sq ft building offers a first-floor commercial space (office or retail, roughly half the building) paired with a fully renovated, turnkey 5-bedroom, 1-bath apartment above, ideal for an owner-operator who wants to run a business downstairs and live upstairs, or for an investor seeking dual income streams. The commercial space has served as a hair salon, bar, religious gathering space, and general office/retail over the years, proving its flexibility for nearly any use. Upstairs, the spacious 5-bedroom apartment has been cosmetically renovated top to bottom and is move-in ready, with a private back porch for the tenant, a rare perk in this market. Mechanically, the building is well maintained: separate electric and gas meters (one shared water meter), circuit breakers throughout, a 2017 complete roof tear-off, forced air with central A/C (4 years old) on the lower level, and a boiler serving the upper unit. Hot water tanks are 4 years and 1.5 years old, and the plumbing has seen recent supply-line upgrades, with a mix of copper, steel, and PEX. A steel main carrier beam supports the structure, and the exterior features stone and vinyl siding, plus a curb cut and driveway on the left side for easy off-street parking. Location is a major draw: you're minutes from the Niagara River and the Empire State Trail, with downtown Buffalo, Grand Island, and the Town of Tonawanda all about 5 minutes away. The City of Tonawanda, North Tonawanda, Amherst, and Hamburg are also close by, putting nearly all of Erie County within easy reach. Don't miss this chance to own a versatile, income-producing mixed-use property in one of Buffalo's most connected neighborhoods.

$1,330/mo

Est. mortgage payment based on a $199,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B1713757

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$5,865
Tax Frequency
Annually
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Courtesy of Giambra Realty Corp, Nicholas Giambra

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Claire Starusnak, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 10:14 PM UTC, 9/11/2026

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