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568-570 Niagara St 5,104 SF Retail Building Buffalo, NY 14201 $595,000 ($116.58/SF)
Executive Summary
Mixed-use building located at 568 Niagara Street, situated between Porter Avenue and Jersey Street, for sale. This price includes the business and equipment. This 5,100-square-foot property features the Nickel City Mini Mart and 4 residential apartments. The current gross monthly income is well below market rent, though there is significant upside as the apartments are currently under-rented to family members. Recent updates to the building include a total roof tear-off completed four years ago, as well as updated furnaces and electrical systems. Additionally, the owner recently installed a 12-foot hood with an Ansul system, adding significant value for potential food takeout operations.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$7,755
|
$1.52
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,755
|
$1.52
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $7,755 |
| Annual Per SF | $1.52 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,755 |
| Annual Per SF | $1.52 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,104 SF
Building Class
C
Year Built
1900
Price
$595,000
Price Per SF
$116.58
Tenancy
Single
Building Height
2 Stories
Building FAR
1.14
Lot Size
0.10 AC
Zoning
N-2C
Frontage
31’ on Niagara St
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 140200-099-830-0007-023-000 | Total Assessment | $225,000 (2024) |
| Land Assessment | $44,900 (2024) | Annual Taxes | $7,755 ($1.52/SF) |
| Improvements Assessment | $180,100 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
140200-099-830-0007-023-000
Land Assessment
$44,900 (2024)
Improvements Assessment
$180,100 (2024)
Total Assessment
$225,000 (2024)
Annual Taxes
$7,755 ($1.52/SF)
Tax Year
2025
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568-570 Niagara St
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