CCertihomes
3124 Main Street, Buffalo, NY 14214

$528,000

0 beds 0 baths 5,778 sqft Built 192226 days on marketActive

About this home

Prime Investment Opportunity – Mixed-Use Building on Main Street! Seize this exceptional opportunity to own a fully leased mixed-use property in one of Buffalo’s most dynamic and evolving corridors. Nestled near the University at Buffalo South Campus and the high-traffic Lasalle Transit Corridor, this versatile investment is positioned for growth with the upcoming Lasalle eTOD (Equitable Transit-Oriented Development) just one block away. Property Features include a retail & residential mi with two thriving ground-floor retail spaces—currently occupied by a hair salon and a hair braiding business—provide steady income. Atop the retail are four, fully-rented residential units upstairs (two studio apartments and two one-bedroom apartments).Additional rental income includes a leased garage and six rear spacs offer potential revenue for a smaller business rental or customized usage. High visibility along Main Street with excellent foot, vehicular traffic and easy access to public transportation. Stable Rental Income: All units fully occupied, ensuring immediate returns. Strategic growth area with the planned Lasalle eTOD, this corridor is set for a major transformation, making now the ideal time to invest. 3124 Main is a perfect fit for investors looking for a multi-stream revenue property or an owner-operator seeking proximity to a growing business hub. Don’t miss your chance to be part of Buffalo’s future—this high-demand corridor is poised for exciting new development!

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
$6,293/mo

Real estate (PITI + HOA + PMI)
$4,874
Principal + interest$3,388
Property tax + insurance$1,288
PMI / 2nd mortgage$198
Utilities
$3,044
Heating + cooling$1,369
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$6,293/mo TLC
Budget$6,793/mo
Remaining after TLC$500/mo
Purchase price
$528,000
Down payment
$26,400 (5%)
Loan amount
$501,600
APR
7.15%

Quick facts

Type
Office
Style
Year built
1922
Lot size
0.0874 ac
Stories
2
Heating
Gas, HotWater
Cooling
Water
Public
HOA
Annual tax
$6,874
MLS #
B1606467
County
Erie

Home features

Roof
Asphalt
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Neighborhood — 14214

MetricThis ZIPCountyUSA
Population22,94519,351,094299,088,112
Population Change Since1990-6.00%8.00%20.00%
Population Density7,117395
Male11,0089,381,926147,432,321
Female11,9369,969,168151,655,844
Never Married7,8314,946,39163,775,926
Married5,7107,166,701123,120,365
Separated2,8121,159,67312,639,686
Widowed1,4241,110,24515,467,586
Divorced1,5051,210,44823,075,029
Number Of House Hold8,7587,102,016111,826,380
Average House Hold Size2.362.642.60
Medial Age30.0036.5335.46
Median House Hold Income$35,430$49,847$48,276
Average House Hold Income$49,003$70,032$63,629
P C I$20,199$26,569$24,529
M D I$31,238$42,210$41,133
A T H E$42,829$54,185$50,898
S T R8.75%4.00%
W C J81.82%81.55%77.74%
(Zip) Code
14214

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

Map & walkability

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Listing information last refreshed 5/13/2025. Provided courtesy of Howard S. Grynspan via Buffalo MLS. Information deemed reliable but not guaranteed.