Niagara Falls, NY
Commercial Real Estate Market Trends & Data

$106 Avg asking sale price
$12 Avg asking lease rate
27,462 SF Avg unit lease size
24,304 SF Avg building size for sale
8.44% Average cap rate

Niagara Falls's Demographic Profile

Niagara Falls has 22,249 households and a median income of $42,959, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 49,405
# Households 22,249
Median age 41
Median household income $42,959
Avg household size 2.0
Renter-occupied housing units 10,917
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Niagara Falls, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Niagara Falls $130 9,795 SF 9.11%
Wheatfield $300 5,220 SF 9.11%
Niagara Falls $603 9,558 SF 7.29%
Nearby Retail Markets Avg Cost/SF Typical Size
Niagara Falls $64 17,715 SF
Wheatfield $37 15,464 SF
Lewiston $72 18,070 SF
Grand Island $67 15,759 SF
Niagara Falls $985 6,538 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Niagara Falls $143 66,261 SF 10.00%
Tonawanda $282 55,080 SF 6.52%
Town Of Tonawanda $254 50,030 SF 6.52%

Commercial Properties For Sale in Niagara Falls

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

810 Center St

Lewiston, NY 14092

  • 4,073 SF Retail Building
  • $650,000
For Sale

Wildwood Acres

Niagara Falls, NY 14304

  • 177,551 SF Multifamily
  • 6.72% Cap Rate
  • $18,300,000
For Sale

2901 Pine Ave

Niagara Falls, NY 14301

  • 13,000 SF Retail Building
  • $249,000
For Sale

Yorkshire Apartments

Niagara Falls, NY 14301

  • 31,464 SF Multifamily
  • $1,350,000
For Sale

2323 Hyde Park Blvd

Niagara Falls, NY 14305

  • 5,665 SF Office Building
  • $395,000
For Sale

6934 Elaine Dr

Niagara Falls, NY 14304

  • 5,220 SF Office Building
  • 9.11% Cap Rate
  • $1,125,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Niagara Falls pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Niagara Falls $106 24,304 SF
Wheatfield $112 47,986 SF
Lewiston $180 35,398 SF
Grand Island $65 17,854 SF
Niagara Falls $1,026 9,807 SF

Multifamily Properties For Sale in Niagara Falls

For Sale

Yorkshire Apartments

Niagara Falls, NY 14301

  • 31,464 SF Multifamily
  • $1,350,000

Regional Demographic Comparison

This comparison places Niagara Falls alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Niagara Falls or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Niagara Falls 49,405 22,249 41 $42,959 2 10,917 -1%
Wheatfield 71,022 31,583 45 $66,644 2 9,258 -2%
Lewiston 2,559 1,325 51 $64,821 2 463 -1%
Grand Island 22,959 9,233 45 $101,099 2 2,025 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Niagara Falls, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Niagara Falls

View All Commercial Real Estate For Sale in Niagara Falls
Is Niagara Falls a good market for a first-time commercial real estate investor?

Niagara Falls offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Niagara Falls?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Niagara Falls. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Niagara Falls?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Niagara Falls. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Niagara Falls compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Niagara Falls. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Niagara Falls acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Niagara Falls, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends