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$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

WNYREIS #B1555421

Listed
$275,000
+0.04%
07/20/2024
WNYREIS

WNYREIS #B1533446

Removed
$274,900
07/01/2024
WNYREIS

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

WNYREIS logo

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