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1314 Niagara St 5,394 SF 100% Leased Retail Building Niagara Falls, NY 14303 $130,000 ($24.10/SF)
Executive Summary
WELCOME TO 1314 NIAGARA STREET Mixed-use investment opportunity in a prime location on Niagara Street, a main corridor leading directly to the Rainbow Bridge and just minutes from Niagara Falls. The first floor offers a storefront space ready to be transformed into retail, office, or service use. The second floor features two residential units, including one 1-bedroom and one 2-bedroom apartment. Property requires some updates, making it an excellent value-add opportunity for investors or owner-occupants. Great potential for rental income and long-term appreciation in a high-visibility area. THIS PROPETTY IS ALSO LISTED AS COMMERCIAL MLS: B1677923
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,394 SF
Building Class
C
Year Built
1924
Price
$130,000
Price Per SF
$24.10
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial
Frontage
36’ on Niagara St
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 291100-159-031-0003-033-000 | Improvements Assessment | $12,400 |
| Land Assessment | $8,600 | Total Assessment | $21,000 |
Property Taxes
Parcel Number
291100-159-031-0003-033-000
Land Assessment
$8,600
Improvements Assessment
$12,400
Total Assessment
$21,000
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1314 Niagara St