Updated Retail and Office
For Lease
$691,200
1618 18th Street, Niagara Falls, NY 14305
Partially renovated building with retail, meeting area, and offices.
Space SizeContact for details
Property Size9,072 SF
Days on Market267
Property Features for 1618 18th Street
General Information
Standard status
Active
Size
9,072 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$4,980
Building Details
Building Size
9,072 SF
Year Built
1970
Listing Agency:
Howard Hanna WNY Inc.
Listed By:
Noel Gulley · License #10401297149
(716) 501-1340
Source:
Highfallssir
Added: Feb 4
Changed: Oct 25
Last Checked: Oct 28 at 1:49PM
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 Howard Hanna WNY Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This partially renovated building features retail space, a meeting area, and offices. The other half of the building is a shell prepared for transition into any business. The property has a new metal roof, updated plumbing, heating, cooling, and electric systems. Previously a grocery store and currently a dispensary, the property is located in a community. The walk score is 58, indicating it is somewhat walkable. The bike score is 48, indicating it is somewhat bikeable. The transit score is 28, indicating some transit options are available.
Key Highlights
- Entire property updated with new metal roof, plumbing, heating/cooling, and electric.
- Partially renovated building with existing retail space, meeting area, and offices.
- Second half of building is a prepared shell ready for business transition.
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Groceries 36%
Dollar General
Shops & Services
6,021 visits/mo
0.4 miles
Save-A-Lot
Groceries
3,315 visits/mo
0.4 miles
Demographics for 14305, NY
16,427
Population
8,348
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,106
Density / Sq Mi
$49,588
Median Household Income
$30,314
Median Earnings
$798
Median Rent
$109,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Niagara Falls, NY
$10.11 /SF/Yr
Avg Asking Price
$5.13–$16 /SF/Yr
Price Range
12,054 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Partially renovated building with retail, meeting area, and offices.
Where is this retail space located?
The property is located at 1618 18th Street Niagara Falls, NY.
What is the lease rate?
The lease rate is $691,200.
What are key features of this property?
This property features: Entire property updated with new metal roof, plumbing, heating/cooling, and electric.; Partially renovated building with existing retail space, meeting area, and offices.; Second half of building is a prepared shell ready for business transition.
