CCertihomes
397 Jefferson Avenue, Buffalo, NY 14204

$299,000

5 beds 3 baths 3,556 sqft Built 190051 days on marketActive

About this home

"BACK ON THE MARKET BECAUSE BUYER FINANCING FELL THROUGH" Excellent opportunity to purchase a ready-for-business restaurant near Downtown Buffalo. In the upcoming Jefferson Ave neighborhood. Across from the new apartments, businesses, and newer developments surround this newly renovated business, which will contribute to the area's growth. The restaurant has been freshly painted, with new tiled floors and newer equipment, and updates also include a new furnace, AC unit, and hot water tank. Recently inspected, and the owner has the necessary licenses and permits. Occupy the three-bedroom, very spacious upper unit that's been recently fully renovated. Showings start immediately. Offers reviewed as they come in.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$3,495/mo

Real estate (PITI + HOA + PMI)
$2,489
Principal + interest$1,918
Property tax + insurance$459
PMI / 2nd mortgage$112
Utilities
$2,046
Heating + cooling$870
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$3,495/mo TLC
Budget$5,000/mo
Remaining after TLC$1,505/mo
Purchase price
$299,000
Down payment
$14,950 (5%)
Loan amount
$284,050
APR
7.15%

Quick facts

Type
MixedUse
Style
Detached, Duplex
Year built
1900
Lot size
0.08 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$502
MLS #
B1594741
County
Erie

At a glance

Basement
Garage (2)

Home features

Appliances
GasWaterHeater
Exterior
Balcony
Parking
ConcreteTwoOrMoreSpaces
Flooring
CeramicTile, Laminate, Tile, Varies
Roof
Asphalt
Sewer
Connected

Lot features

NearPublicTransit, Rectangular, RectangularLot, ResidentialLot

Neighborhood — 14204

MetricThis ZIPCountyUSA
Population10,00619,351,094299,088,112
Population Change Since1990-10.00%8.00%20.00%
Population Density5,902395
Male4,5889,381,926147,432,321
Female5,4189,969,168151,655,844
Never Married3,3384,946,39163,775,926
Married2,0907,166,701123,120,365
Separated6681,159,67312,639,686
Widowed9351,110,24515,467,586
Divorced8671,210,44823,075,029
Number Of House Hold4,6277,102,016111,826,380
Average House Hold Size2.152.642.60
Medial Age37.2436.5335.46
Median House Hold Income$19,159$49,847$48,276
Average House Hold Income$32,069$70,032$63,629
P C I$14,866$26,569$24,529
M D I$18,047$42,210$41,133
A T H E$33,106$54,185$50,898
S T R8.75%4.00%
W C J70.85%81.55%77.74%
(Zip) Code
14204

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 3/24/2025. Provided courtesy of Mootry Murphy & Burgin Realty Group LLC via Buffalo MLS. Information deemed reliable but not guaranteed.