$275,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 4,175
2501 Pine Ave, Niagara Falls, NY 14301
2501 Pine Ave
Niagara Falls, NY 14301
- 118 days on market
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.
Details
Property type
Mixed Use
Lot size
2,435 sq ft
Price per sq ft
$66
Year built
1930
Annual property taxes
$4,242
Price History
07/29/2024
WNYREIS #B1555421
Listed
$275,000
+0.04%
07/20/2024
WNYREIS #B1533446
Removed
$274,900
07/01/2024
WNYREIS #B1533446
Price change
$274,900
-8.34%
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
Niagara Falls
Number of units in community:
2
Status: Active
Tomo last checked: 11/24/2024 at 4:15 PM
Listing updated: 07/29/2024 at 1:37 PM
Listed by: Jayson Parker, Heritage Property Source Phone #: (716) 236-7644
MLS: WNYREIS #B1555421
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