512 Oliver Street, North Tonawanda, NY 14120
Local realty services provided by:ERA Team VP Real Estate
512 Oliver Street,North Tonawanda, NY 14120
$499,999
- 5 Beds
- - Baths
- 10,503 sq. ft.
- Multi-family
- Pending
Listed by: paul buttenhoff
Office: towne housing real estate
MLS#:B1617424
Source:NY_GENRIS
Price summary
- Price:$499,999
- Price per sq. ft.:$47.61
About this home
Prime Mixed-Use Commercial Investment
Seize the opportunity to own a versatile and income-generating property in a high-demand location. This well-positioned mixed-use asset offers:
Established Commercial Tenant: The ground-floor retail space is currently occupied by a long-standing, reputable business—providing immediate, stable income and reducing leasing risk for investors.
Five Residential Units: Thoughtfully designed apartments with contemporary finishes. Several units are currently leased, with strong rental demand offering excellent potential to achieve full occupancy.
Value-Add Upside: With room to optimize residential rents and lease remaining units, this property presents a compelling opportunity for increased cash flow and long-term equity growth.
Strategic Location: Located in a vibrant, transit-accessible area surrounded by retail, dining, and residential development—ideal for both commercial and residential tenants.
Diversified Income Streams: Benefit from a balanced mix of commercial and residential revenue, offering financial stability and resilience.
Fully Tenanted Commercial Space: The commercial unit is leased to a reliable, long-term tenant, making this an ideal hands-off investment with no need for owner occupancy or business setup.
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Home facts
- Year built:1935
- Listing ID #:B1617424
- Added:190 day(s) ago
- Updated:December 31, 2025 at 08:44 AM
Rooms and interior
- Bedrooms:5
- Living area:10,503 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Gas, Hot Water
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1935
- Building area:10,503 sq. ft.
- Lot area:0.27 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$499,999
- Price per sq. ft.:$47.61
- Tax amount:$13,152
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