Opportunity Knocks: 403 Vermont Street

The Five Points Business Association recently shared a real estate opportunity that could significantly enhance a sought-after West Side neighborhood. The property, located on a run-down corner, has come onto the market after the owner’s attempt to convert the building into a used car garage was denied.

While the building itself is small, the lot is fairly large, offering many possibilities to reimagine the space. The location is ideal, positioned just a short distance from the heart of the Five Points neighborhood.

"This is the property that had the variance hearing last month, with the owner asking to turn it into a used car/garage. Quite a few neighbors showed up, both in person and over the phone, many commenting that he should not get any special consideration since he has not been taking care of the property as is. The request for a variance was denied. There were guys in for a couple days cleaning up the property. Fingers crossed for the next chapter in its life."

— Five Points Business Association and Vermont Triangle Block Club

The property is priced at $175,000, reflecting its current condition but also the potential given its size and location.

Potential and Challenges

Small building with a large lot
Prime spot near the Five Points neighborhood center
Previous owner faced community resistance to change of use
Recent cleanup efforts indicate potential for revitalization

This property represents a promising chance for redevelopment in a historic community area.

"Fingers crossed for the next chapter in its life."

— Local community members

Summary: The property at 403 Vermont Street offers a valuable redevelopment opportunity with its large lot and prime location, despite past challenges and current rundown condition.

Buffalo Rising — 2025-11-07

Opportunity Knocks: 403 Vermont Street

Potential and Challenges

More News