1701 Pine Ave - Restaurant FOR SALE


Niagara Falls, NY 14301
$435,000 USD
716-866-8361
1701 Pine Ave, Niagara Falls, NY for Sale
$435,000 USD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

1701 Pine Ave
Niagara Falls, NY 14301


OVERVIEW

Prime commercial opportunity on Pine Avenue, just minutes from Niagara Falls, a major tourist destination attracting 8 to 10 million visitors annually! This big brick 2-story restaurant is fully equipped and in running condition. First Floor: Currently rented on a month-to-month basis for $1,500/month with tenants covering all utilities. Rent has the potential to increase to $2,500/month. Second Floor: Vacant and versatile, ideal for a party hall, restaurant, or other uses, with an estimated rental value of $2,000/month. With a total expected rental income of $4,500/month or the potential to bring your own restaurant concept, this property offers endless possibilities. Don’t miss this fantastic investment in a high-traffic area!

FOR SALE DETAILS

PRICE

$435,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

C2-B

APN/PARCEL ID

291100-159-024-0002-001-000

ASK ABOUT THIS PROPERTY

Renee J. MoranRed Door Real Estate Wny LlcMore Info
716-866-8361

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Renee J. MoranRed Door Real Estate Wny LlcMore Info
716-866-8361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.