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Listed price in listed location currency (USD).
$499,999

500

MLS® B1617424

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 10503 sqft
Garage No
HOA Fees 
Taxes $13,152
Approx. Age 1935
Avg. Price Per Sqft $47
MLS® Number B1617424

Property Address: 512 Oliver St, North Tonawanda, NY, 14120-4322

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberB1617424
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCoin Operated
Exposure
Exterior
GarageNo
Approx. Age1935
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
-Sold Price

Pending

Jun 23, 2025List Date
$499,999List Price
  • Commute

Commute

Starting Address
Destination Address
512 Oliver St, North Tonawanda, NY

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