68 Tonawanda St

Location68 Tonawanda St
TypeMultifamily
SF42000
Price$6.35M

Redeveloped in 2020, this former historic train freight house has been transformed into a low-maintenance, townhome style multifamily asset featuring 35 spacious loft apartments and 3,044 SF of retail space (leased through 2030 with a 5 year option). The building is efficiently designed with no interior common areas or building systems to maintain—making it well-suited for stable, long-term ownership. New proactive property management team has recently come aboard.

The community offers ample gated on-site parking, enhancing convenience and security. The unit mix is primarily two bedroom, two-bath units, with select one- and three-bedroom layouts, all featuring modern finishes, open-concept floor plans, and in-unit laundry. With private entrances and a layout
that mirrors townhome living, the property is well-positioned for future condo conversion, offering clear value-add potential.

Located at the convergence of Buffalo’s West Side and Black Rock neighborhoods, the location benefits from ongoing investment activity, including the $35M Niagara Streetscape project. It offers excellent access to regional anchors like Buffalo State University, Rich Products Global HQ, and the new $50M Great Point Studios film production campus. The area is walkable and amenity-rich, anchored by two major grocers and vibrant corridors along Niagara and Amherst Streets featuring
bars, restaurants, and other amenities.

The property has direct access to the I-90 Thruway, 198 Expressway, high-frequency NFTA bus lines, and a growing bike infrastructure network.

This is a rare opportunity to acquire a distinctive multifamily asset in one of Buffalo’s fastest-growing corridors.

• 35 apartments
–(30) 2-bed/2-bath
–(4) 1-bed/1-bath units
–(1) 3-bedroom/2-bath

• 3,044 sf commercial space

• Certificate of Occupancy

• All new utility services

• All new building systems (plumbing, electric, mechanical, fire protection)

• Submetered for gas and electric

• Fully sprinkled

• 5-yr old roof – predominately pitched asphalt

Contact Our Broker to Learn More

Matt Hartrich

Managing Partner & Lic. RE Broker

716-983-4789
EMAIL