515 3rd St - Office FOR SALE


Niagara Falls, NY 14301
$399,900 USD
716-940-7008
515 3rd St, Niagara Falls, NY for Sale
$399,900 USD
Office - FOR SALE
1/5
null | Request Cap Rate

515 3rd St
Niagara Falls, NY 14301


HIGHLIGHTS

  • Prime Investment opportunity in the heart of Niagara Falls Entertainment District.
  • Prime location in a high-traffic area with year-round tourist activity
  • C2-A zoning district

OVERVIEW

Prime Investment opportunity in the heart of Niagara Falls Entertainment District. Location, Location, Location. Situated near the Rainbow bridge to Canada and the Iconic Niagara Falls State Park and the 7th Wonder of the World. Last year 9.5 million (according to State of NY web site) tourist visited the area. Perfectly positioned in the bustling entertainment district of Niagara Falls, New York. Surrounded by world-class attractions, restaurants, and foot traffic from millions of tourists annually, this property offers unmatched potential. This property requires complete rehabilitation. A blank slate for the visionary investors, this building needs significant updates to unlock its full potential. Whether you're looking to create a boutique hotel, trendy restaurant, or unique entertainment venue, this diamond in the rough is ready for transformation. Prime location in a high-traffic area with year-round tourist activity. Rare opportunity to restore a property in one of the City's most vibrant districts. Seize the opportunity to shape your future with the proximity to one of the world's most famous destinations, this property is a canvas for your ambitious plans. The C2-A zoning district in Niagara Falls, New York is designated as a Traditional Commerical zone. This classification is intended to support a mix of commercial actives typically include retail stores, personal service establishments, restaurants, and offices. Economic growth potential the City and State are actively revitalizing its downtown and entertainment districts, making this the perfect time to invest. The property's current condition offers the chance to customize and modernize the space to fit your needs add significant value to the property. Don't miss the opportunity to turn this fixer-upper into a landmark property in one of the most dynamic areas of Niagara Falls. Tax records show the building size if 7,524 square feet

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$53 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C2A

APN/PARCEL ID

291100-159-029-0001-042-000

ASK ABOUT THIS PROPERTY

Louis RizzoHoward Hanna Real Estate ServicesMore Info
716-940-7008

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Louis RizzoHoward Hanna Real Estate ServicesMore Info
716-940-7008

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