Listing provided courtesy of Keller Williams Realty WNYMLS# B1656519MLS ProviderContact Information: 716-316-6664
  • 174 days on site
  • 56 views

Fantastic investment opportunity for this Mixed-Use building in the heart of South Buffalo's Cazenovia Park neighborhood! Located right on Seneca street, and within walking distance to the park, as well as numerous other shops, restaurants, and theaters. Both apartments and the retail space are tenant occupied, with below market rents, generating over $34,000 in gross revenue. Projected revenue is $43,200. This property offers a 8.63% cap rate at the projected revenue, and 6.40% with the current revenue. Within the past 5 years: new roof, restored bathrooms, updated plumbing, two new furnaces, one a/c unit, and one hot water tank. The upper unit has a restored kitchen, newer windows, and solid surface countertops. New facade, updated commercial windows, and new exterior paint, including a charming mural! Sale of this property includes the vacant lot next door, which has great potential for expansion, development, or a parking lot. Can also be sold as a bundle with four additional investment properties on Seneca Street: MLS# 1657116

Source: New York Alliance, MLS#: B1656519

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  • Property Type
    Commercial Sale
  • Lot
    0.10 acres

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Alan "Al" Ryer

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2322 Seneca Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/24/2026Source: New York Alliance Status Change
Pending
3/2/2026Source: New York Alliance Price Reduction
$249,900 -16.4%
1/7/2026Source: New York Alliance Added to Database
January 07, 2026
3/18/2024Source: New York Alliance Status Change
Closed
2/22/2024Source: New York Alliance Added to Database
February 22, 2024