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Investment Highlights

  • Development potential
  • Great location

Executive Summary

3 STORY STAND ALONE OFFICE BLDG. GREAT POTENTIAL! WELL TRAVELED LOCATION ACROSS FROM CASINO. OWNERS SELLING "AS IS' AND WILL LOOK AT OFFERS. CLOSE TO ALL ATTRACTIONS, THE BORDER & WONDERFUL NIAGARA FALLS.

Property Facts Under Contract

Sale Type
Investment or Owner User
Sale Conditions
High Vacancy Property
Property Type
Office
Building Size
35,754 SF
Building Class
B
Year Built
1978
Price
$835,000
Price Per SF
$23.35
Percent Leased
19%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,918 SF
Slab To Slab
11’
Building FAR
2.00
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
D1A - Downtown commercial
Parking
10 Spaces (0.28 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • American Mailbox
  • Services
  • -
  • -
  • -
  • Angelo J. Morinello, Attorney at Law
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Bernard Huber, LCSW
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Frank J DeDario, CPA
  • Services
  • -
  • -
  • -
  • Maloney & Maloney
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Niagara Semper Fidelis, Inc.
  • Services
  • -
  • -
  • -
  • Saint Marys Center for Life
  • Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
American Mailbox Services - - -
Angelo J. Morinello, Attorney at Law Professional, Scientific, and Technical Services - - -
Bernard Huber, LCSW Health Care and Social Assistance - - -
Frank J DeDario, CPA Services - - -
Maloney & Maloney Professional, Scientific, and Technical Services - - -
Niagara Semper Fidelis, Inc. Services - - -
Saint Marys Center for Life Services - - -
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
291100-159-009-0001-008-000
Land Assessment
$88,400
Improvements Assessment
$341,477
Total Assessment
$429,877
  • Listing ID: 34951618

  • Date on Market: 2/26/2025

  • Last Updated:

  • Address: 256 3rd St, Niagara Falls, NY 14303

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