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Updated Retail and Office Building
For Lease
$720,000

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 Market201

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
Source: Highfallssir
Added: Feb 4 Changed: Aug 23 Last Checked: Aug 23 at 9:03AM

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.

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

Current Use

la ffoca Shopping Center & Mall

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Daycare Center Electrical Service Locksmith Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

800
Businesses Nearby
9k
Monthly Visits Nearby

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

Market

Lease Benchmarks for Niagara Falls, NY

$11.79 /SF/Yr
Avg Asking Price
$5.13–$18 /SF/Yr
Price Range
12,021 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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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 $720,000.
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.
More about this property
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