2501 Pine Avenue

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Address: 2501 Pine Avenue, Niagara Falls, New York, US
Created date: February 25, 2024
Date last updated: March 26, 2024

Property Description

Discover a prime investment opportunity with this mixed-use property. The ground floor boasts a spacious storefront, once a restaurant, featuring a comfortable dining area with air conditioning, men's and women's bathrooms, and a recently updated grease trap. The kitchen has seen recent upgrades, including a new cooler compressor installed just four months ago. Upstairs, two well-appointed apartments provide additional rental income potential. Parking is a standout feature, accommodating at least 8 cars with dual entrances for enhanced accessibility. Recent structural upgrades include a transition from a flat roof to durable lifetime shingles. Mechanical systems are well-maintained, with furnaces and hot water tanks updated 5 years ago, and plumbing modernized 8 years ago using a mix of copper and PVC. This property offers a unique blend of commercial and residential spaces, strategically positioned to capitalize on the thriving economic landscape of Niagara Falls, NY. Its versatility, recent upgrades, and ample parking make it an attractive investment for those seeking a property with promising potential in a bustling location.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Multifamily type: Apartments
Price: $299,900
No. of Units: 2
Year Built: 1930
Lot Size: 4,175.00 Sq ft
Opportunity Zone: No
Price per unit: $149,950
Property Website Click Here
Number of Bedrooms: 2
Number of Bathrooms: 2
Address: 2501 Pine Avenue, Niagara Falls, NY 14301, USA
Provided by:

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