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640 Park Pl
Niagara Falls, NY 14301
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Located in the city's designated Airbnb district, making it an investor's dream or the perfect canvas for a charming bed and breakfast.
- With updated electrical and thoughtful improvements, it blends old-world charm with modern convenience.
- Minutes from Main Street, an area slated for exciting redevelopment in the coming years, positioning this property for incredible future potential.
- The home features multiple bedrooms, beautifully updated bathrooms, and modern upgrades throughout
- Even better, the property includes an additional lot at 628 Park Place, providing rare, private parking,
EXECUTIVE SUMMARY
Welcome to a truly one-of-a-kind opportunity in the heart of Niagara Falls! Just steps from Niagara Falls State Park, this gorgeous property sits within the city's designated Airbnb district, making it an investor's dream or the perfect canvas for a charming bed and breakfast. The home features multiple bedrooms, beautifully updated bathrooms, and modern upgrades throughout, all while preserving the majestic original woodwork that gives the home its timeless character. With updated electrical and thoughtful improvements, it blends old-world charm with modern convenience. Even better, the property includes an additional lot at 628 Park Place, providing rare, private parking, a huge advantage for both guests and owners. And the best part? You're just minutes from Main Street, an area slated for exciting redevelopment in the coming years, positioning this property for incredible future potential. Whether you're envisioning a short-term rental hotspot, a boutique bed and breakfast, or a stunning home steps from the Falls, 640 Park Place offers it all, location, character, and opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
6,048 SF
Building Class
B
Year Built
1945
Price
$479,500
Price Per SF
$79.28
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,024 SF
Building FAR
0.69
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
C-1 - R3-C
AMENITIES
- Security System
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 291100-159-021-0001-011-000 | Improvements Assessment | $130,200 |
| Land Assessment | $17,400 | Total Assessment | $147,600 |
PROPERTY TAXES
Parcel Number
291100-159-021-0001-011-000
Land Assessment
$17,400
Improvements Assessment
$130,200
Total Assessment
$147,600
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