Dawn Shearer
Licensed Real Estate Salesperson
REALTOR®
Sidney, NY
Office: (607) 604-4394 (607) 353-0455
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85 W Chippewa Street, Buffalo, NY 14202

New - 28 Hours Ago

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Property Description

PRIME DOWNTOWN BUFFALO MIXED-USE INVESTMENT OPPORTUNITY! Situated in the heart of Buffalo's vibrant Chippewa Entertainment District, this impressive 7,160 sq. ft. property presents an exceptional opportunity to acquire a fully occupied, income-producing asset in one of the city's most prominent entertainment and commercial corridors. Surrounded by popular restaurants, nightlife destinations, hotels, offices, and downtown attractions, this highly desirable location offers excellent visibility, pedestrian activity, and a dynamic urban setting. The property features an established first-floor bar/restaurant with a long-term commercial lease, complemented by four residential apartments above. A standout feature is the spacious, fenced-in rear patio, offering coveted private outdoor space in the heart of downtown Buffalo. An increasingly desirable amenity in the entertainment district, this outdoor area provides valuable opportunities for seasonal dining, social gatherings, and expanded restaurant/bar operations-a distinct competitive advantage in a location where dedicated outdoor space is not always available. Significant capital improvements include a new roof, refreshed exterior, and the complete transformation of previously unfinished third-floor space into two attractive, income-producing apartments. Generating six figures in annual gross rental income, this well-maintained property offers five income-producing units, 100% occupancy, and an attractive investment profile with an approximately 6.25% projected capitalization rate. The commercial lease includes scheduled rent increases and renewal options, while three of the four residential leases have recently been renewed, providing additional income stability. The remaining apartment is occupied by a long-term tenant on a month-to-month basis who has expressed interest in remaining. Combining a premier downtown location, established cash flow, substantial property improvements, and long-term investment potential, 85 W. Chippewa Street represents an outstanding opportunity to own a distinctive mixed-use asset in the heart of Buffalo's thriving entertainment district.

85 W Chippewa Street | MLS# B1727597

This commercial property located at 85 W Chippewa Street, Buffalo, NY 14202 is currently listed for sale with an asking price of $1,325,000. W Chippewa Street is located within the Buffalo school district. Search Buffalo real estate on dawn-shearer.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Business
Basement: Full
Cooling: Separate Meters, Zoned, Central Air
Heating: Gas, Separate Meters, Zoned, Forced Air
Lot Size: 0.07 Acres
Roof Type: Membrane, Rubber
Stories: 3.0
Taxes: $12,488
Year Built: 1910

Feature Descriptions

Days on Site: 1
Exterior: Brick
Flooring: Hardwood, Linoleum, Varies, Vinyl
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 25X116
Parcel#: 140200-111-380-0001-011-000
Parking: Off Site
Parking Notes: Off Site
Security: Fire Sprinkler System
Sewer: Public Sewer
Units: 5
Utilities: Sewer Connected

Local Schools

School District: Buffalo

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty WNY
Agency Contact: 716-605-1545

Shown By

Agent Name: Dawn Shearer
Agent Phone: (607) 353-0455
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/07/2026. The listing information on this page last changed on 11/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 11/07/2026 1:43:45 AM EST) or Global MLS (last updated Sat 11/07/2026 1:22:43 AM EST) or New York State Alliance MLS (last updated Sat 11/07/2026 1:39:15 AM EST) or Hudson Valley Catskill Region MLS (last updated Sat 11/07/2026 12:11:18 AM EST) or OneKey MLS (last updated Sat 11/07/2026 1:38:22 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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