CCertihomes
827 Tonawanda Street, Buffalo, NY 14207

$625,000

0 beds 0 baths 18,480 sqft Built 190026 days on marketActive

About this home

EXCEPTIONAL MIXED-USE INVESTMENT OPPORTUNITY! Prime 18, 480 sq ft brick building on 0.42 acres with incredible development potential. This structurally sound property features steel I-beam construction, stone foundation walls, and well-maintained rubber roof less than 20 years old. This building is perfect for affordable housing redevelopment and the tax credits projects like these come with! Former Dollar General with 2nd floor offices offers flexible commercial/residential layout with N-3C zoning supporting mixed-use development. Outstanding features include 2-story brick construction with full basement and dual egress, 8' basement ceilings with 2 means of egress, 400 amp electrical service with 2 active meters and capacity for 6 total, parking for 50 cars via rear alley access, interior stair access to rooftop, and brick & stone masonry in excellent condition. Infrastructure is ready with modern electrical, gas & water connections in place. Full basement provides additional usable space while property shows "insanely strong" structural integrity with steel main support beams. This represents tremendous value appreciation potential with tax credits and grants available for redevelopment. Ideal for mid-size investors seeking affordable housing development, mixed-use projects, or commercial redevelopment opportunities. Properties with this superior structural integrity, ample parking, and development-ready infrastructure rarely hit the market. Don't miss this chance to turn potential into profit!

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
$10,656/mo

Real estate (PITI + HOA + PMI)
$6,404
Principal + interest$4,010
Property tax + insurance$2,160
PMI / 2nd mortgage$234
Utilities
$8,782
Heating + cooling$4,238
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$10,656/mo TLC
Budget$11,156/mo
Remaining after TLC$500/mo
Purchase price
$625,000
Down payment
$31,250 (5%)
Loan amount
$593,750
APR
7.15%

Quick facts

Type
Business
Style
Year built
1900
Lot size
0.4242 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Public
HOA
Annual tax
$9,863
MLS #
B1620049
County
Erie

At a glance

Basement

Home features

Parking
OnSiteSurfaced
Flooring
Linoleum, Plywood, Vinyl
Roof
Flat, Membrane, Rubber, RolledHotMop
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Neighborhood — 14207

MetricThis ZIPCountyUSA
Population21,69519,351,094299,088,112
Population Change Since1990-7.00%8.00%20.00%
Population Density6,768395
Male10,4589,381,926147,432,321
Female11,2379,969,168151,655,844
Never Married5,8124,946,39163,775,926
Married6,2857,166,701123,120,365
Separated1,1011,159,67312,639,686
Widowed1,6981,110,24515,467,586
Divorced2,2051,210,44823,075,029
Number Of House Hold9,2887,102,016111,826,380
Average House Hold Size2.332.642.60
Medial Age34.7436.5335.46
Median House Hold Income$27,095$49,847$48,276
Average House Hold Income$34,827$70,032$63,629
P C I$15,025$26,569$24,529
M D I$24,646$42,210$41,133
A T H E$34,781$54,185$50,898
S T R8.75%4.00%
W C J75.65%81.55%77.74%
(Zip) Code
14207

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

Map & walkability

Open in Google Maps →

Listing information last refreshed 7/3/2025. Provided courtesy of Iconic Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.