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609 Rainbow Blvd 0.51 Acres of Commercial Land Offered at $829,900 in Niagara Falls, NY 14303



INVESTMENT HIGHLIGHTS
- Directly across from the Seneca Niagara Casino
- High traffic count
- Great foot traffic
- Up to $100,000 in grants are available for each SBL.
EXECUTIVE SUMMARY
Last opportunity to purchase land for Commercial or Residential development near the casino. Included in the sale are 603, 605, 609, 613 & 621 Rainbow Blvd. SBL #'S: 291100-159-054-0001-014-000, 291100-159-054-0001-015-000, 291100-159-054-0001-016-000, 291100-159-054-0001-017-000 & 291100-159-054-0001-020-000. Two lots are undeveloped. 3 lots have structures on them. The owner is selling the entire 5 lot parcel as vacant land for development. Current included structures will convey as-is assuming that the next owner will demolish them and redevelop. However, 613 currently has a tenant, 621 was recently occupied and can be rented. 603 will need renovation before it can be occupied. 619 Rainbow Blvd is owned by a relative of the seller's and may be able to be purchased separately in addition to the 5 included lots. Call USA Niagara Development Corp. and/or the City of Niagara Falls for information on available grant and development programs. Up to $100,000.00 in grants are available per lot for redevelopment making this an OUTSTANDING opportunity for an investor.
PROPERTY FACTS
1 LOT AVAILABLE
Lot Multiple
| Price | $829,900 | Lot Size | 0.51 AC |
| Price Per AC | $1,627,254.90 |
| Price | $829,900 |
| Price Per AC | $1,627,254.90 |
| Lot Size | 0.51 AC |
Commercial or Residential development. Development Grants of up to $100,000.00 are available for each of the 5 lots. Included in the sale are 603, 605, 609, 613 & 621 Rainbow Blvd.
Bike Score®
Very Bikeable (73)
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609 Rainbow Blvd
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