2901 Pine Ave - Storefront Retail/Residential FOR SALE


Niagara Falls, NY 14301
$249,000 USD
716-998-4422
2901 Pine Ave, Niagara Falls, NY for Sale
$249,000 USD
Storefront Retail/Residential - FOR SALE
1/27
null | Request Cap Rate

2901 Pine Ave
Niagara Falls, NY 14301


HIGHLIGHTS

  • - 9,434 SF building size
  • - 2 units for versatile leasing options
  • - Zoned C2-B for diverse commercial use

OVERVIEW

Mixed-Use 5 Residential Units and Commercial Unit with major value-add potential. Most residential units have been gutted to the studs and are ready for redevelopment. The lower level includes a former bar and retail space, along with a partially finished basement. Features a large open commercial area with 4 office rooms and a half bath. Some newer heating units in place. Property is being sold as-is and requires full renovation. Great opportunity for those looking to reposition a versatile asset in a centrally located corridor.

FOR SALE DETAILS

PRICE

$249,000 USD

PRICE/SF

$19 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C2-B

APN/PARCEL ID

291100-159-027-0001-004-000

ASK ABOUT THIS PROPERTY

Rick RecckioRecckio Real Estate & Development Inc.More Info
716-998-4422

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Rick RecckioRecckio Real Estate & Development Inc.More Info
716-998-4422

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