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Water Front Property 2192 Niagara St 24,000 SF Retail Building Buffalo, NY 14207 $1,900,000 ($79.17/SF)
Investment Highlights
- ±2.34 AC development site along the Niagara River
- 5 mi. north of Buffalo’s central business district
- The site neighbors Harbour Place Marina, West Marine, Marina Vista Apartments and Riverview Manor Apartments
- Site is currently home to an approximately 24,000 SF restaurant and banquet facility with a large parking lot
- Serene view of the Niagara River and Ontario shoreline
Executive Summary
This is an exceptional opportunity to own commercial water front property on the Niagara River. 2.34 Acre development site along the Niagara River offering convenient access to downtown Buffalo and its northern suburbs with serene waterfront views of the Canadian shoreline. Turnkey banquet hall existing and available to long term tenant or owner user looking to purchase. The Banquet Facility includes a water front patio, large parking lot and it is located adjacent to the Harbor Place Marina. The site also presents an opportunity for further development into condos or apartments along the Niagara River. Quick access to the I-190 expressway for vehicle traffic and access to the Empire State trail for recreational visitors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
24,000 SF
Building Class
C
Year Built
1960
Price
$1,900,000
Price Per SF
$79.17
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
2.34 AC
Zoning
N-2E - N-2E Mixed-Use Edge
Parking
140 Spaces (5.83 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Waterfront
- Monument Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140200-077-800-0006-003-200 | Improvements Assessment | $1,032,900 |
| Land Assessment | $797,100 | Total Assessment | $1,830,000 |
Property Taxes
Parcel Number
140200-077-800-0006-003-200
Land Assessment
$797,100
Improvements Assessment
$1,032,900
Total Assessment
$1,830,000
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Water Front Property | 2192 Niagara St
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