Niagara Falls Mixed-Use
For Sale
$759,000
435 3rd Street, Niagara Falls, NY 14301
Fully leased mixed-use property in high-traffic tourist area.
Property Size13,991 SF
Days on Market144
Property Features for 435 3rd Street
General Information
Standard status
Active
Size
13,991 SF
Total Parking Spaces
9
Property subtype
Commercial
Zoning
C2, Commercial
Taxes and HOA fees
Annual Taxes
$19,538
Building Details
Building Size
13,991 SF
Year Built
1925
Buildings
1
Stories
2
Listing Agency:
Deal Realty, Inc.
(716) 940-0548
Listed By:
Cheryl Deal · License #10311205717
(716) 940-0548
Source:
Homeprocny
Added: Apr 2
Changed: Aug 23
Last Checked: Aug 22 at 7:22AM
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 Deal Realty, Inc.
Investment Insights
Based on property information with market context.
This mixed-use property is located in downtown Niagara Falls, steps from Niagara Falls State Park and the Rainbow Bridge, within the Redevelopment District. The building is fully leased and consists of 8 residential apartments and 2 commercial units, all with separate utilities and on-site parking. Recent improvements include newer windows and sewer lines, along with updated apartments featuring modern kitchens, newer appliances, fresh paint, and new laminate flooring. The lower commercial unit includes a spacious bar area, outdoor patio, walk-in cooler, two bathrooms, ice machines, sump pump, and basement storage. The second lower commercial space offers a flexible open layout with a standard entry, garage door access to 3rd Street, separate delivery entrance, A/C, walk-in cooler, sump pump, basement, and an ADA-compliant bathroom; it is planned to be a museum/lounge. Residential units feature a diverse unit mix: one large 3-bedroom, 2-bath apartment with separate entrances, high ceilings, natural woodwork, dining room, and basement; two 2-bedroom units (one with patio, one with porch); and five 1-bedroom units. The property is located near public transportation, restaurants, entertainment, and special events. The property may be eligible for a grant of up to 100k from the City of Niagara Falls and it may be used towards renovation and acquisition. It is reimbursed and 10% must go towards exterior improvements (signage, landscaping, parking lot improvements etc.).
Key Highlights
- Prime location in the heart of downtown Niagara Falls, steps from Niagara Falls State Park and the Rainbow Bridge, with high tourist traffic.
- Fully leased, turnkey, income‑producing mixed‑use property with 8 residential apartments and 2 commercial units.
- Potential eligibility for a grant of up to $100k from the City of Niagara Falls for renovation and acquisition.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,192
Businesses Nearby
Explore this area
Business Placement
Demographics for 14301, NY
12,618
Population
7,285
Households
1.7
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
2.1 sq mi
ZIP Area
6,009
Density / Sq Mi
$37,650
Median Household Income
$32,909
Median Earnings
$722
Median Rent
$79,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased mixed-use property in high-traffic tourist area.
Where is this mixed-use property located?
The property is located at 435 3rd Street Niagara Falls, NY.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Prime location in the heart of downtown Niagara Falls, steps from Niagara Falls State Park and the Rainbow Bridge, with high tourist traffic.; Fully leased, turnkey, income‑producing mixed‑use property with 8 residential apartments and 2 commercial units.; Potential eligibility for a grant of up to $100k from the City of Niagara Falls for renovation and acquisition.
