Attention Investors! Don’t miss out on this fantastic nine-unit building opportunity located in the heart of Niagara Falls! This property boasts a prime location with an anchor tenant, H&R Block, secured on a lucrative 3-year lease, providing a stable income stream from day one. In addition to the commercial anchor tenant, there are six residential units offering further rental income potential. There’s an additional commercial unit awaiting occupancy, perfect for increasing your revenue. Plus, a spacious storage unit at the rear of the building adds even more versatility to this investment. Situated in an area primed for short-term rental opportunities, this building offers the potential for increased cash flow through strategic leasing arrangements. Convenience is key, with off-street parking available behind the building, ensuring hassle-free access for tenants and customers alike. All of the residential units are vacant and easy to show.
Property Details
Price:
$589,900
MLS #:
B1533860
Status:
Active
Beds:
3
Baths:
0
Address:
1815-1819 Pine Avenue
Type:
Commercial
Subdivision:
Mile Reserve
City:
Niagara Falls
Listed Date:
Apr 18, 2024
State:
NY
Finished Sq Ft:
9,100
ZIP:
14301
Lot Size:
0 acres
Year Built:
1920
Listing courtesy of Irish Jones Realty,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-05-04.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-05-04.
1815-1819 Pine Avenue
Niagara Falls, NY
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Schools
School District:
Niagara Falls
Interior
Appliances
Gas Cooktop, Gas Water Heater, Refrigerator
Flooring
Hardwood, Laminate, Tile, Varies
Heating
Gas, Forced Air
Exterior
Construction Materials
Brick
Exterior Features
Concrete Driveway
Parking Features
Threeormore Spaces, No Garage
Roof
Membrane, Rubber
Financial
Buyer Agent Compensation
2.5%
Taxes
$8,377
Map
Community
- Address1815-1819 Pine Avenue Niagara Falls NY
- CityNiagara Falls
- CountyNiagara
- Zip Code14301
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