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Price $299,900

2877 Niagara Street, Tonawanda, New York 14207, Tonawanda, New York 14207

  • Bedrooms : 3
  • Bathrooms : 3
  • Square Footage : 5,425 Sqft
  • Visits : 1 in 1 days
$299,900
Features
Heating System :
Other, Gas, Forced Air, See Remarks
Cooling System :
Other, See Remarks
Basement :
Full
Appliances :
Gas Water Heater
Parking Features :
Two Or More Spaces, Concrete
Pool Expense : $0
Sewer :
Connected
Address Map
State :
NY
County :
Erie
City :
Tonawanda
Zipcode :
14207
Street : 2877 Niagara Street, Tonawanda, New York 14207
Floor Number : 0
Longitude : W79° 5' 7.8''
Latitude : N42° 57' 30.7''
MLS Addon
Office Name : Red Door Real Estate WNY LLC
Association Fee : $0
Bathrooms Total : 3
Building Area : 5,425 Sqft
CableTv Expense : $0
Construction Materials :
Vinyl Siding, Brick
Electric Expense : $0
Flooring :
Carpet, Ceramic Tile, Hardwood, Tile, Varies, Vinyl
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash, Conventional
Lot Features :
Rectangular, Residential Lot, Near Public Transit, Rectangular Lot
LotSize Dimensions : 33X204
Maintenance Expense : $0
Parcel Number : 146489-077-310-0006-009-000
Special Listing Conditions :
Standard
Stories Total : 2
Subdivision Name : Mile Reserve
Utilities :
Sewer Connected, Water Connected
AttributionContact : 716-866-8361
Property Description

This rare waterfront property combines residential comfort with commercial potential in one versatile package. The mixed-use layout includes three units: a street-level space zoned for business plus two residential apartments. You can choose to live upstairs while operating your own business on the first floor, or lease out all three units for steady income. Currently, the first-floor commercial unit is leased at $1,550/month through May 2026, providing immediate cash flow. The upper rear residential unit is also tenant-occupied at $800/month with a lease through May 2026. The additional upper-level unit offers flexibility for an owner-occupant or additional rental income (estimated rental rate $1100/mo).
Recent improvements add peace of mind, including a brand-new roof installed in March 2024 with a transferable 15-year warranty, along with two additional gas meters added the same year. Entrepreneurs will appreciate the opportunity to establish a business in a high-visibility location, while investors can take advantage of the flexible rental income stream. Whether you’re looking for a place to live, invest, or work, this property offers endless possibilities along one of the most desirable stretches of waterfront in Niagara. Cross listed as Commercial – B1636557

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : B1633332
Price : $299,900
Bedrooms : 3
Bathrooms : 3
Square Footage : 5,425 Sqft
Year Built : 1920
Lot Area : 6,757 Sqft
Status : Active
Property Sub Type : Multi Family
Agent info
David Weitzel
Element Realty Services
Element Realty Services
390 Elmwood Avenue, Buffalo NY 14222
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