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Investment Highlights

  • Multi-property portfolio with mixed-use options
  • 547 Tonawanda offers 3-bedroom apartment
  • High-visibility storefront with ample parking
  • Includes residential and commercial spaces
  • Modern commercial space in former bar area
  • Unique live-work setup with studio and garage

Executive Summary

Exceptional Multi-Property Portfolio Offering Residential and Commercial Flexibility. Includes 547 Tonawanda, 549 Tonawanda, and 172 Grace. 547 Tonawanda – Upper: Spacious 3-bedroom apartment with great natural light. Ideal for owner-occupant or strong rental income. 547 Tonawanda – Lower Right: Former bar fully rehabbed into a modern commercial meeting space. Flexible layout suitable for office, event, or business use. 549 Tonawanda – Lower Storefront: High-visibility commercial storefront with extensive parking. Great for retail, office, or service businesses. 549 Tonawanda – Studio + Garage: Studio apartment with direct access to a large open garage currently used as a mechanic’s shop. Unique live-work opportunity. 172 Grace: Single-family 2-bedroom home featuring updated flooring and a vaulted ceiling. Perfect as an income property or residence. Excellent opportunity for investors or business owners. Multiple income streams, flexible mixed-use options, and strong location appeal.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,957 SF
Building Class
C
Year Built
1891
Price
$349,900
Price Per SF
$50.29
Tenancy
Single
Building Height
2 Stories
Building FAR
0.89
Lot Size
0.18 AC
Zoning
N-2E
Parking
10 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
106’ on Grace St

Amenities

  • Freeway Visibility
  • Signage
  • Wheelchair Accessible
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100

Nearby Major Retailers

Tim Hortons
Rent-A-Center
KeyBank
Bank of America
Top's Markets
Chase Bank
F45 Training, Inc.
Wegmans

Property Taxes

Property Taxes

Parcel Number
140200-077-730-0002-012-000
Land Assessment
$8,300
Improvements Assessment
$141,700
Total Assessment
$150,000
  • Listing ID: 39817338

  • Date on Market: 3/18/2026

  • Last Updated:

  • Address: 547-549 Tonawanda St, Buffalo, NY 14207

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