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    1601 Main St Niagara Falls, NY 14305

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    For Sale
    $3,200,000

    37 parcels with 21 buildings totaling 198,000 sq. ft.

    Property size:
    198,424 SF
    Lot size:
    0.11 Acres

    Property Features for 1601 Main St

    General Information

    Size
    198,424 SF
    Lot size
    0.11 Acres

    Source: Hastings Cohn Real Estate Agent Alan T. Hastings

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Niagara Falls Investment Opportunity

    This is a unique opportunity to purchase a package of 37 parcels with 21 buildings totaling 198,000 square feet in historic Niagara Falls, New York. The properties are located minutes from New York State Park, the Maid of the Mist, Old Fort Niagara, and Niagara Falls. The properties, located on Main Street in Niagara Falls, include both office and retail spaces. Many state, local, and federal economic packages are available for renovations, as well as tax credits.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    niagra II

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -79.0523491
    Latitude
    43.1036867

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    FAQs

    What type of property is this?
    Shopping center - 37 parcels with 21 buildings totaling 198,000 sq. ft.
    Where is this shopping center located?
    The property is located at 1601 Main St Niagara Falls, NY.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Package of 37 parcels with 21 buildings totalling 198,000 sq. ft.; - Located in Historic Niagara Falls, NY.; - Minutes from Niagara Falls State Park, Maid of the Mist, and Old Fort Niagara.
    (716) 481-3325
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    1601 Main St Niagara Falls, NY 14305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Main St Niagara Falls, NY 14305
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