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    3367 Ely Ave Niagara Falls, NY 14303

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    For Sale
    $139,900

    Mixed-use building plus four vacant lots near Niagara Falls.

    Lot size:
    0.08 Acres

    Property Features for 3367 Ely Ave

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1920

    Source: Red Door Real Estate WNY LLC Agent Renee Moran

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

    Overview

    Mixed-Use Property with Vacant Lots

    This offering includes a 3,638 sq ft commercial mixed-use building at 3367 Ely Avenue, accompanied by four adjoining vacant lots: 3365 Ely (3,876 sq ft), 3808 Packard (2,481 sq ft), 3806 Packard (1,881 sq ft), and 3804 Packard (2,160 sq ft). The total land area spans 13,936 sq ft. The property is positioned near Niagara Falls, Seneca Niagara Casino, and Niagara Falls Fashion Outlets, with convenient access to major thruways leading to Buffalo and Lewiston. This package offers visibility and flexibility, suitable for redevelopment, expansion, or generating multiple income streams.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -79.0172682
    Latitude
    43.0906422

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building plus four vacant lots near Niagara Falls.
    Where is this mixed-use property located?
    The property is located at 3367 Ely Ave Niagara Falls, NY.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - Large combined land area: 13,936 sq ft including a 3,638 sq ft mixed-use building and four adjoining vacant lots.; - Mixed-use building offers flexibility for redevelopment, expansion, or multiple income streams.; - Prime location with outstanding visibility near Niagara Falls, Seneca Niagara Casino, and Niagara Falls Fashion Outlets.
    (716) 299-7171
    Request Owner's contact information
    3367 Ely Ave Niagara Falls, NY 14303
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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
    3367 Ely Ave Niagara Falls, NY 14303
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