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Angel Bellino

angel.bellino@gmail.com +1(315) 525-5592

$ 339,900

Est. payment -/mo

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Price Dropped by $109K

366 & 362 Ontario ST Buffalo, NY 14207

8,993 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 8,993 sqft

Price per Sqft $37

Subdivision Jones

MLS Listing ID B1691694

Construction Status Existing

HOA Y/N No

Year Built 1906

Annual Tax Amount $8,755

Lot Size 8,359 Sqft

Acres 0.1919

Lot Dimensions 76X110

Property Sub-Type Apartment

Property Description

***BACK ON THE MARKET***ATTENTION INVESTORS....****RE DEVELOPMENT OPPOTUNITY***...Exceptional investment opportunity featuring a two-building package with big parking lot will fit more than 30 parking spaces in Buffalo's Riverside neighborhood. Included in the sale are 366 Ontario Street, a former funeral home with a 3-bedroom apartment on the second floor, and 362 Ontario Street, a two-unit residential property with 6 bedrooms and 2 full bathrooms. A shared parking lot provides approximately 8 off-street parking spaces serving both buildings.
The funeral home at 366 Ontario Street requires a full renovation, presenting significant value-add and redevelopment potential. At 362 Ontario Street, one apartment is tenant-occupied, generating immediate income, while the second unit is vacant and ready for occupancy.
Conveniently situated near schools, places of worship, restaurants, grocery stores, parks, and public transportation, this unique package offers a variety of possibilities for investors, developers, or owner-operators.
Tax ID in the listing is for 366 Ontario St. Tax ID for 362 Ontario St is 140200-077-490-0002-042-100.
Tax information shows a combined assessed value for both properties and combined tax amounts for both properties. Tax information is deemed reliable but not guaranteed. 366 Ontario is listed as a single-family residence (B1696615) and a commercial building (B1696640). 362 Ontario is also listed as a multi-family dwelling (B1696624) and a commercial building (B1696657)

Location

State NY

County Erie

Community Jones

Area Buffalo City-140200

Zoning N-3E

Direction Tonawanda St. to Ontario St.

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Carpet, Hardwood, Varies

Inclusions Building Only

Fireplace No

Exterior

Utilities Available Electricity Available, Electricity Connected, Sewer Connected

Roof Type Asphalt,Shingle

Total Parking Spaces 8

Building

Lot Description Irregular Lot

Sewer Public Sewer

Structure Type Brick,Frame,Wood Siding

Construction Status Existing

Schools

School District Buffalo

Others

Tax ID 140200-077-490-0002-041-000

Acceptable Financing Cash, Conventional, Rehab Financing

Listing Terms Cash, Conventional, Rehab Financing

Special Listing Condition Standard

Listed by Pioneer Star Real Estate Inc.