Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1309 Pine Ave Niagara Falls, NY 14301

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    Large retail space with signage and parking available for rent.

    Type:Retail
    Property size:
    7,036 SF
    Added:
    Nov 21, 2025
    Days on Market:
    133
    Last Refresh:
    Apr 1 at 8:57 pm

    Property Features for 1309 Pine Ave

    General Information

    Standard status
    Active
    Size
    7,036 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1974

    Spaces For Lease

    at 1309 Pine Ave Contact us

    We can help!

    Listing Contact
    Christina Cerrone Pecoraro

    Listing agent Christina Cerrone Pecoraro

    Listing office

    Listing date Nov 21, 2025

    Source Huntcommercial

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

    All listing content including descriptions, pricing, images are the copyrighted material of Christina Cerrone Pecoraro

    Overview

    Retail Space on Pine Avenue

    This 7,036 square-foot retail space, formerly a Family Dollar, is available for rent. The property features ample parking and signage opportunities. The location on Pine Avenue near 13th offers possibilities for various businesses and is suitable for a large chain tenant seeking a long-term lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Insurance Service Niagara ... Insurance Agency Family Dollar Discount Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    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
    -79.0462
    Latitude
    43.0946

    Nearby Similar for Lease

    • $6/mo

      Niagara Falls Office/Warehouse Space

      Office/warehouse space near I-190 and commercial corridors in Niagara Falls.
      6900 Mooradian Drive, Niagara Falls, NY 14304
      View Details
    • $399,000/mo

      Equipped Daycare Facility For Sale

      Fully equipped daycare facility with modern finishes and outdoor play areas.
      300 Hyde Park Boulevard, Niagara Falls, NY 14303
      View Details
    • $9/mo

      Retail Storefront in Niagara Falls

      7,036 SF retail building with parking in Niagara Falls.
      1309 Pine Avenue, Niagara Falls, NY 14301
      View Details
    • $9/mo

      Retail Space in Tops Plaza

      Former Verizon retail space in a busy Niagara Falls plaza.
      810 Portage Road, Niagara Falls, NY 14301
      View Details
    • Contact for pricing

      Move-In Ready Office Space

      Well-finished office space with parking and convenient location.
      7510 Porter Road , Niagara Falls, NY 14304
      View Details
    • $10/mo

      Historic Office Space For Rent

      Updated historic building with kitchen, conference room, and ample parking.
      661 Main Street, Niagara Falls, NY 14301
      View Details
    • $8/mo

      Niagara Falls Boulevard Retail Space

      Retail space available in high-traffic Niagara Falls business district.
      8735 Niagara Falls Boulevard, Niagara Falls, NY 14304
      View Details
    • Contact for pricing

      LaSalle Business District Office Spaces

      Two office spaces in mint condition, excellent location.
      7316-7318 Buffalo Avenue, Niagara Falls, NY 14304
      View Details
    • $15/mo

      Niagara Falls Blvd Retail Space

      Retail or office space near Niagara Falls Airport available for rent.
      10158 Niagara Falls Blvd., Niagara Falls, NY 14304
      View Details
    • $199,000/mo

      Automotive Repair Shop with Upgrades

      Commercially zoned auto-body shop with insulated pole barn.
      2910 Louisiana Ave, Niagara, NY 14305
      View Details
    • $10/mo

      Retail/Office Space on Pine Avenue

      Move-in ready retail or office space with shelving and coolers.
      1611 Pine Ave, Niagara Falls, NY 14301
      View Details
    • $11/mo

      Professional Office Complex For Lease

      Premier office complex in Niagara County, divisible space available.
      7711 Porter Road, Niagara Falls, NY 14304
      View Details

    FAQs

    What type of property is this?
    Retail space - Large retail space with signage and parking available for rent.
    Where is this retail space located?
    The property is located at 1309 Pine Ave Niagara Falls, NY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Large retail space suitable for a large chain tenant.; Ample parking available.; **Large signage opportunity.**
    (716) 531-6880
    We can help!
    Listing Contact
    Christina Cerrone Pecoraro
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!