758 Elmwood Avenue

Buffalo, NY 14222

$1,450,000
Price
Beds
11,437 Sq. Ft.
$127 / Sq. Ft.
11,437
Sq. Ft.
$127
per Sq. Ft.

Description

This exceptional multi-use space is in the heart of Elmwood Village. Boasting three distinct commercial units, this property offers an ideal opportunity for entrepreneurs seeking a prime location for their ventures. Additionally, two thoughtfully updated apartments, each featuring two bedrooms and a full bathroom, provide comfortable and contemporary living spaces. Great opportunity for investors. The convenience of six dedicated parking spots enhances the appeal of this property, ensuring accessibility...This exceptional multi-use space is in the heart of Elmwood Village. Boasting three distinct commercial units, this property offers an ideal opportunity for entrepreneurs seeking a prime location for their ventures. Additionally, two thoughtfully updated apartments, each featuring two bedrooms and a full bathroom, provide comfortable and contemporary living spaces. Great opportunity for investors. The convenience of six dedicated parking spots enhances the appeal of this property, ensuring accessibility for both residents and businesses alike. Embrace the dynamic energy of Elmwood Village, where a thriving community, eclectic shops, and vibrant cultural experiences converge. This unique offering promises a harmonious blend of commercial potential and residential comfort in one of Buffalo's most sought-after neighborhoods. Current tenants occupy apartments and 2 commercial spaces (one yoga studio and one restaurant). 3rd retail space is currently vacant and on market to lease/sell. Month to month leases. Current rents are lower than market value due to pandemic. Income growth potential when rent is back to market value.
  1. Listed by Marnie Benatovich Cerrato • Howard Hanna WNY Inc
    P: 716-932-5300 C: 716-909-0231 marniecerrato@howardhanna.com

Property Details for 758 Elmwood Avenue

On Waterfront
No
Parking Description
On Site
Zoning Code
commercial
Nearest Cross Street
Auburn Avenue

Location

Listing Courtesy of Howard Hanna WNY Inc
Add your commute
LISTING UPDATED: 05/02/2024 12:33 PM

Property Details for 758 Elmwood Avenue

StatusActive
MLS #B1514802
Days on Market118
Taxes$15,944 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1895
Lot Size0.20 AC / 8,794 SF
CountyErie County

Location

Listing Courtesy of Howard Hanna WNY Inc
Add your commute

Building Information for 758 Elmwood Avenue

Stories3Residences5Year Built1895Lot Size0.20 AC / 8,794 SF

Payment Calculator

$9,242 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$1,329

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 758 Elmwood Avenue

Summary
Location and General Information
  • Elementary School District: Buffalo
  • High School District: Buffalo
  • Middle Or Junior School District: Buffalo
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Parking Total: 6.00
Taxes and HOA Information
  • Area NYSWIS Code: Buffalo City-140200
  • Tax Annual Amount: $15,944.00
Property
Lot Information
  • Building Area Total: 11437.0
  • Num Of Acres: 0.2019
  • Lot Size Area: 0.2019
  • Lot Size Units: Acres
  • Num Of Buildings: 1
  • Parcel Number: 140200-100-210-0004-008-210
  • Possible Uses: Residential, Retail, Service
  • Lot Number: 8
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $725,000
  • Year Built: 1895
  • Year Built Description: Existing
  • Zoning Description: Residential Multi Use
  • Property Sub Type Additional: Mixed Use
Utilities
  • Utilities Available: Sewer Available
Interior and Exterior Features
Exterior Features
  • Roof Description: Asphalt
Interior Features
  • Basement Description: Full, Storage Space
  • Basement YN: Yes
  • HVAC Type: Zoned, Central Air
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Varies
  • Heating: Gas, Zoned, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 11437.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Operating Expense Includes: Professional Management, Utilities
  • Stories: 3
  • Stories Total: 3
Rental
Rental Information
  • Lease YN: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 758 Elmwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 758 Elmwood Avenue

Taxable ValueLand$95,800Additions$504,200Total$600,000
Tax Record2023$3,768 ($314 / month)
Home Facts
Total Finished SqFt9,322 SqFtAbove Grade Finished SqFt9,322 SqFtUnfinished Basement SqFt2,115 SqFtStories2Lot Size8,795 SqFtStyleOffice BuildingYear Built1980Year Renovated2003ZoningN-2CCountyERIEAPN140200 100.21-4-8.21

Schools near 758 Elmwood Avenue

This home is within Buffalo City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
International School
PublicPK to 8

Lafayette International School
Public9 to 12

Newcomer Academy At Lafayette
Public9 to 12

Frank A Sedita School 30
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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758 Elmwood Avenue is a mixed use property for sale in Buffalo, NY 14222. This property was listed for sale on January 8, 2024 by Howard Hanna WNY Inc, it's currently listed at $1,450,000. It has been on the market for a total of 118 days and was last sold on February 1, 2002. This listing's school district is Buffalo City School District. Nearby schools include International School, Lafayette International School and Newcomer Academy At Lafayette. 758 Elmwood Avenue is a 0-bed, 0-bath, 11,437 sqft mixed use property built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna WNY Inc

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.